Lori
weymouth,#2Author of original report
Sat, December 02, 2006
It has now been 8 months and I still have not got anywhere with the property loss department. They still are holding my $235K. Insurance money in a restricted escrow account earning no intrest, they still will not allow me to build a modular home even though I have gotten an appraisal for this house that exceeds my original home that was destroyed by fire. They will not allow me to stick build a smaller home and apply left over dollars to my mortgage. They only tell me that I am allowed to stick build the exact same home that was there before (they say that now but why should I believe anything they say). I cannot rebuild the exact same house that was there before because it was a 300 year old post and bean antique colonial and I do no have enough fund to replicate that. My insurance coverage for my temporary housing has expired so I now have no place to live. I am still paying my full mortgage payments without the 235K applied to anything, they refuse to apply this to the loan and told me the only way I can get out of this is if I pay them the remainder $45K I owe on this loan. I HAVE RETAINED A LAWYER AND I AM GOING AFTER THIS COMPANY, PLEASE WISH ME LUCK WITH THIS BATTLE....THIS IS AN OUTRAGE AND THEY SHOULD NOT BE ALLOWED TO TREAT PEOPLE THE WAY THAT I HAVE BEEN OR HOW OTHER PEOPLE HAVE ALSO BEEN VICTIMIZED....IF ANYONE HAS ANY SUGGESTIONS OR INSIGHT PLEASE REPLY. STILL BEING ?#@$*!