Beneficial is good at one thing: Making tons of money with foreclosures. Heres how: When they foreclose, they send in a hired gun appraiser.
The appraiser didn't even bring a tape measure and only spent 15 minutes at the house. She obviously was told by beneficial what the appraisal was going to be. This nitwit (probably not a licensed appraiser) appraised my house at $130,000 and it sold for $188,000. Thats $58,000 pure profit for beneficial.
Plus they get the proceeds from they insurance.
This company is run by crooks.
Don't believe me? Their parent company, HSBC, was laundering money through Mexico, were caught, and paid a heavy fine.
These bastards could care less.
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