JS
Jaco S

1 reviews | Active since Mar 2009

27 Sept 2024, 18:26

Bad service and utilizing incapable valuator

Very bad experience. As sole proprieter I have the financials to prove. We own the house want to re finance. Send in all requirements as required. After 9 working days when turn around time is 7 according to your policy turned down due to a unproffessional valuator that recons hous is structural amd foundations is not right. Firstly he does not evrn come from this area he does not know area. Second how can he see through concrete slabs to say foundations is a problem. Thirdly we asked for his report and valuation wich you and valuator refuses to share. As we know he undervalued the place as the loan we wanted is less than what the plot itself is worth. Whe we phoned this Mr Willie the valuator he reckons he ia not a structural engineer it is his opinion and qbwn we asked about land balue he reckoms only building worth something actual plot os worth nothing. Agter speakong to agency that soldbhouse they informedbus they know that valuator and they actually dont allow him to valuate houses on their books as he dows it incorrect and he has a reputation for that in this area. We have been asking a manager to contact us to no avail. We also put in writing to them that valuator is not fair and objective. We know for fact he went well below municipal value. I will not leave this here as uou are noy transparent not gproducing his valuation or condition report. By law you must be transparent which you are not.

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Replies (3)
JS
Jaco S's update27 Sept 2024, 19:25
Reviewer Update
I am so angry that I made a few spelling mistakes.
SA Home Loans
SA Home Loans's reply30 Sept 2024, 07:09
Official
Hi Jaco. Thank you for bringing this matter to our attention. We are truly sorry for the inconvenience and frustration you’ve experienced during the refinancing process. Your concerns regarding the valuation and the overall service you received are important to us, and we escalated your concerns to the relevant department. 

Regards
The SA Home Loans. 
JS
Jaco S's update30 Sept 2024, 07:15
Reviewer Update
So important that you could not bother to contact us since last week Thursday. Empty promises took over 2 weeks with application process now can not be bothered to sort out dispute