Widow fights to get deposit back from home manufacturer
INDEPENDENCE, Ore. - Beathe Pairan had barely begun talking with KATU News before the grief over her husband's recent death overcame her.
He husband left her a life insurance policy, $20,000 dollars of which she put down on a manufactured home this summer.
She wanted to purchase the home from Cascade Factory Homes in Woodburn. Pairan is the first to admit her credit is shaky, so she wanted safeguards in place for her deposit, just in case.
“I said “so if for some reason financing falls through, I get my deposit back?”” She recalls asking.
“Oh yeah, absolutely,” Pairan claims the representative told her at the time.
Nearly a month has passed and after emails back and forth with a loan officer, Pairan says it's become clear to her the financing was not going to work out. The project cost more than she expected and she couldn't afford it.
Now, Pairan wants out of the deal but says Cascade Factory Homes won't give her the $20,000 deposit back.
Cascade Factory Homes claims they won’t return the funds because she has been approved for financing.
Pairan said she's been offered no documentation of the approved financing and has signed no loan agreement to that effect.
“Truthfully, I feel like it's a bunch of men who decided that I came into a bit of money and they could jerk me around,” she told KATU News.
After getting turned down for a sit-down on camera interview, KATU News went to Woodburn to find the owner of Cascade Factory Homes.
He declined to be interviewed on camera and showed KATU News their contract, which says “earnest money deposits are non-refundable once financing is obtained and all stipulations to this order are met.”
But Cascade Factory Homes was not able show proof that Pairan had been approved for financing.
The owner of Cascade Factory Homes said that if his attorney advises him to return the deposit, he would do so.
A woman involved with the bank trying to arrange financing said she could not discuss a customer’s file and that the matter was between Pairan and Cascade Factory Homes.
He husband left her a life insurance policy, $20,000 dollars of which she put down on a manufactured home this summer.
She wanted to purchase the home from Cascade Factory Homes in Woodburn. Pairan is the first to admit her credit is shaky, so she wanted safeguards in place for her deposit, just in case.
“I said “so if for some reason financing falls through, I get my deposit back?”” She recalls asking.
“Oh yeah, absolutely,” Pairan claims the representative told her at the time.
Nearly a month has passed and after emails back and forth with a loan officer, Pairan says it's become clear to her the financing was not going to work out. The project cost more than she expected and she couldn't afford it.
Now, Pairan wants out of the deal but says Cascade Factory Homes won't give her the $20,000 deposit back.
Cascade Factory Homes claims they won’t return the funds because she has been approved for financing.
Pairan said she's been offered no documentation of the approved financing and has signed no loan agreement to that effect.
“Truthfully, I feel like it's a bunch of men who decided that I came into a bit of money and they could jerk me around,” she told KATU News.
After getting turned down for a sit-down on camera interview, KATU News went to Woodburn to find the owner of Cascade Factory Homes.
He declined to be interviewed on camera and showed KATU News their contract, which says “earnest money deposits are non-refundable once financing is obtained and all stipulations to this order are met.”
But Cascade Factory Homes was not able show proof that Pairan had been approved for financing.
The owner of Cascade Factory Homes said that if his attorney advises him to return the deposit, he would do so.
A woman involved with the bank trying to arrange financing said she could not discuss a customer’s file and that the matter was between Pairan and Cascade Factory Homes.