Quote:
Originally Posted by rowan
That's an awesome outcome, definitely one to chuckle about now it's over, but I'm sure it was hell for the couple while it was happening.
How are the bank even able to initiate foreclosure proceedings on a property they have no legal interest in? There must be something else to the story, some complication, like the seller not properly paying out and discharging their mortgage...
|
There really wasn't anything more - The people who owned the house before them had a mortgage with BOA, and BOA never got the info that they had sold. When BOA had no idea who this new family was, or that they were the legal owner.
The banks don't give a crap. You are a number to them.