|
Find TX real estate agents and Houston real estate on ActiveRain.
Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.
© 2013 ActiveRain Corp. All Rights Reserved
22 Comments on Compass Bank Calls My Office Asking For Free Comps........ AS IF.
Heh, that is even worse than the $25 for a one page report that BPO companies have started requesting. We are now getting $150-200 per BPO in our rural market. The $25 reports are almost exactly the same as a standard BPO, but they changed the name and I guess people fall for it.
$50-75 in the city (ie where comps are actually easy to find)
Greg, A similar pet peeve with our credit union on holding money. Made a closing check deposit and got the "7 days to clear". WTH??? I write a check it gets pulled from my account within 24 hours, but if I put money IN, I've got to wait a week?
But some agent will gladly provide the comps for free, in the hopes of getting all their foreclosure business "one day".
I hate banks.
I just LOVE your attitude adjustment Greg!!!
"Shove it where the sun don't shine!" LOL!
Good for you! The banks have gotten far out of hand - ever since they got free taxpayer money to play with.
Your bank reminds me of an appraiser who used to call asking for comps. I always cooperated until one day I called HIM with a question about an adjustment for a BPO. He told me his answer would be "Worth what I paid for it." After that, he got no more information from me.
My local bank was bought by National City which was bought by PNC. Been with them 18 years but PNC could care less. They started to hold checks over $5,000 for 10 days, despite the fact that business checks clear overnight at the Federal Reserve. Last year I opened an account at my brokerage's bank, US Bank, and they just instituted a bunch of new fees. I'm going to look into credit unions now.
Thanks Heather!
I just closed my account with a bank here because after doing business with them for nearly a decade, after having a credit card with them, and after even having my mortgage with them, they decided to charge me $20.00 a month to have the luxury of having a checking account with them too.
I have been with credit unions for years...can't see any reason to change. Good for you Greg!
Nino - Don't blame ya. I've become a huge fan of Credit Unions and not so much of big banks. I wish more of us would take that leap to send the message (hurting the profits of a company tends to be the only real way to open their eyes).
And as far your somewhat new profile pic, I will leave my comment on it to another day;)
Another great example of having their head's right up their naglas/culo. ;-)
The only reason Banks want to hold a deposit for seven or more days is because they will be able to get interest on that deposited check. They got the money the very next day if not the same day.
I am with a credit union and just had to start paying the $5 debit card fee imposed to our bank by the bigger banks. It is just another scheme to get your wallet out of your back pocket. Each year banks need to make more than the profit they made the year before so they have to come up with a lot of "CHAZAM!" to get there.
They need a spanking that is for sure!
I've been yelling from the hilltops for people to jump to the credit union for years! Funny, this blog makes mine about the $1 extra charge at Little Caesars seem small.
Saying Compass bank stinks is an understatement. They are scared of their own shadow and will say anything to get a loan application from you (Ohh sounds like a lot of Loan officers I know). Then then they want you to open an account so they can get you approved. Oh gosh... I can Rant on and on but you get the idea. The response of stick a sock in it is more than they deserve.
Great job Nino by posting with their name in it. Even BofA is backing down from their proposed $5:00 fee for having a debit card.
Then they ask for a freebie???????
Kick em in the sack my friend and keep your hat on.
Big banks suck. I once had a Compass account becuse they had an office next to the office I was working out of. Some marketing guy tells us to open a free account which many of us did. Next thing I know they changed their policy and started charging us a monthly fee. The final straw was when they refused to let me walk thru the drive thru, telling me it was too dangerous.
Bravo! Architectural Digest tacked on $4 to a subscription fee. Is it the money? Nope, it's the principle....
Wait until Nov. 5th to close down the last account - it is Move Your Money Day. There needs to be a big impact.
I have had accounts with both banks and credit unions and credit unions have imposed holds on deposited funds and been less efficient about online banking bil payment. I may start keeping mine in a sock under the mattress.
Login or register to leave a comment