Oro - WARNING

This was not written by an erratic blogger. Oro is not a place to consider(.) The pompous attorney A.L. and crew gave a mortgage contingency in order for the buyer to sign the contract. Once the bank approved the buyer, they asked for supplemental information for loan approval. After multiple attempts, the bank gave up and declined the loan. A.L. and crew will do all they can to make sure you do not get your loan. What are they hiding? Why would they not give the information the bank requested? Sounds to me they want to convince buyers to sign contracts with contingencies only to make sure you never get approved and they keep the apartment and cash. How else would they make back money lost.

sounds like you got screwed.

Saw a full page ad for Oro in New York mag, highlighting the views. They may have wanted to tilt the camera a little further upward though, as the shot clearly showed the adjacent project buildings in the foreground.

joe11: sorry for your dreadful experience. It is difficult for individuals to prevail against slick practices of unethical corporations and developers. You should also talk to your lawyer about why there was no language in your mortgage contingency agreement that would protect you against the kind of stall tactics that you assume happened.

Ridiculous thread. Even if there's a hair of truth here, what about YOUR responsibility to hire a good lawyer to represent and protect your interests?

More likely you have a financial interest in a competing property and you're trying to scare people away from Oro.

probably a few hairs of truth here. Regardless, who wants to have to sue to get a deposit back because someone won't provide documents on time, for whatever reason?

What information did they not provide? Is oro < 50% or 70% sold?

dont worry oro_owner, I am sure everything will be fine.

I supposedly had a "good lawyer" The truth is the majority stink. They were builder docs of some sort. I honestly don't know and could not comprehend why a developer would not give them to the bank. Developer and their Pompous attorney Ad. Lev. will make sure to do it to whomever. What scum bags. If you don't believe me, sign a contract and see. I can only tell my experience.

joe11----you used the phrase "pompous attorney" on three separate posts. you're only three posts. you know whom else uses repetitious phrases? liars do. so that they don't forget their story.

Jim---that's the best pg word I can use for him. You took time out to write here showing the possibility that You may be very close to him. If you were remotely close to the situation you would know who the liars really are.

Are you saying that they took 10s of thousands of dollars from you and you're only recourse is to post here? This makes no sense... My wife and I have been dealing with the Oro for the last 2 months and should be closing in 2 months more, and have found them to be just fine. This whole thread sounds ridiculous.

Yawn. This original post makes no sense, and anyone taking it seriously needs to ...well...

Just closed last week.Oro gave no problems with supplying the infromation needed....if any the banks were the problem with all the documents they needed and questions about finances.Oro has always been upfront from day one!

I had no such problems with the Oro.

Does anyone want to buy 1334 sq ft apartment at the price I went into contract for, 502 sq ft? Ask them to sell you the one they screwed me on.
Joe

So did they take your deposit? That apt looks like it has a great view with lots of windows.

Hi Joe11 - Can you advise if you did sign the contract and at the end due to the mortgage contingency your deposit couldn't be returned and now you're stuck with this unit? How come your attorney didn't amend the language to your benefit?

The Oro is a fantastic Condominium, all the amenities, great investment, friendly door people, the great veiws, near all! Runs like a Swiss Clock ...