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(Business Finance) Bank of America has seen the fallout from bad choices leading up to the economic crash, and one executive is facing the...
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(Tech News) Auction.com has recently seen a fat cash infusion from Google, and both seek to revolutionize real estate. Again. But who really benefits...
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(Housing News) Fannie Mae is offering incentives on foreclosures, and while many homeowners are unaware, many agents are as well - time to take...
Jim Gatos
February 27, 2010 at 4:07 pm
Is BOA looking to provide us agents with some “yuk yuks”?
Because in spite of the outrageousness of this, and the farce it spawns, this is truly funny in it’s own perverted way…
However, I feel so darned bad for these homeowners, and I sincerely hope BOA does right by them.
ktcoz
February 28, 2010 at 8:27 am
This is maybe the third time I’ve heard of this happening over the last four or five years, involing either BOA, or CW. Once (I think) in Texas, and another time in Nevada. In one instance, the owners were on vacation, and came home to all their belongings gone, locks changed, & house winterized, but don’t believe that the f/c proceeding were started. It was all the property pres company that had the incorrect house.
Even once for this to happen is too many times. It can’t be that difficult to hire quality employees at every level – especially in this economy – to make sure things are done correctly.
Brigitte
March 17, 2010 at 6:35 pm
Hello Russell! I am in the midst of a short sale “approval by BOA” it has been months. I supplied all the information I could find to my homeowner so that all avenues to keep the house had been explored. Two years later the BOA sent a Fedex to let him know that they have a refinance option for him. The home was listed 2 months earlier.
He was already living alone in the back of a small business he owned,” It was foreclosure and has now sold.” His wife and children were living with relatives. I had submitted an offer, cash, nothing else on the purchase contract just a cash sale.
My buyers are patient and wonderful. I on the other hand believe that no one, no company, no retailer, etc. should be allowed to treat customers, present or past clients, the way that this Bank has.
I have had help but only when I twittered, blogged, facebooked, linked, and commended on blogs such as yours. I am hoping that if there are enough words out there the CEO will accidentally click on a tag or link and find out what the public is going through.
What goes around comes around. BOA could end up like us being ignored and going downhill because someone is holding an answer that would stop the endless downward spiral.
Martha G
August 22, 2010 at 10:47 am
We are in the BIGGEST MESS WITH BANK OF AMERICA<THEY ARE STEALING OUR HOME!!!!!!!!!!We wer with COUNTRYWIDE THEY ROLLED US NOE BANK OF AMERICA IS ALSO!!!!!!!!!!!!!
Dallas Criminal Defense Attorney
December 10, 2010 at 10:49 pm
While we are dealing with items within the vicinity of Bank of America and The Lawyers Full Employment Program, The law is not some abstract notion that can and will guard us when we want to rely on it. The law is an integral part of democratic life, and something which regulates our conduct, and in essence permits us to act according to our personal desires within reason. Some could feel the law is too restrictive in particular areas, however it works. The law serves its function as regulating our behaviour very nicely, and if it does not? We can alter it.