If I Was Never Given The “amount Due” To Avoid Foreclosure, Can The Sale Be Stopped Or At Least Reviewed?
ByBetween Countrywide and Bank of America’s exchanging loans, and whatever they did, my hardship letter that i was instructed to write, was never answered, and yes, I got more and more behind, sent them a reg payment that I knew would be applied to oldest date, but month later, they said BLAH…blah, can’t accept at this time because it is not the total amount due. I get welcome letter fro Bank of AMER., and see the warm, homey commercials now, and my date of sale has been set,…I don’t want to be ugly, thats for sure, but why in the world wouldn’t they want what hadto have been 1/3 (?) of the money back then, and 5 months 3 months later, tell me I am in foreclosure…And this letter was not from Countrywide or Bank of America, Recon Trust, I think…who do I need to call? Websites won’t let me in…I have phone numbers, but not sure who is handling what, or who would be willing to help, or who is gonna be ugly to me. I KNOW, i owe the money,..but I just need to spend time I’ve got left, doing the right thing with the right folks. Date of sale is 2 weeks from today. Help, me…please with knowledgeable answers, I am single Mom after 17 years of marriage, 2 kids, basically living on SS benefits, and caregiver benefits…..the same income I had when I let them talk me into using my equity, 40,000…when al I need to borrow was 5,000. Payments only went up 20.00 bucks, but I was solicited thru mail for the loan, and talked into it by Countrywide. Help.ideas?
3 Comments
December 21st, 2009 at 8:57 pm
No, you are not screwed. I was in my house, owned by countrywide for 15 months before I was able to get back on my feet. There is a good book for less than $13 that can save your butt at http://release-me.org/
Start logging all of your conversations and don’t let anyone make you feel like this situation is all your fault. When I read some of the information about what the banks and the GOV did I was so mad my wife thought I was going to have a heart attack.
Yes, I do think we need to take part of the blame but not all of it and I for one never want to lose my home or see anyone else lose their homes because of the trap we fell into.
Hope this helps
December 22nd, 2009 at 3:27 am
You’re screwed just like the rest of us because CW and BA are still crying poor mouth and taking more money from the FG and us. They should be let to fail just any other business that made bad business decisions. I lost my house because neither one would work with us, and CW sat on a short sale offer until it was too late!
December 22nd, 2009 at 8:25 am
You need to contact a real estate lawyer and see what they can do for you. You may still have options that they may make you aware of. Don’t give up if the first one you call says there’s nothing they can do, call a bunch of others.
Good luck to you.