Susan
Washington DC,#2Author of original report
Mon, February 07, 2011
Robert, you obviously aren't keeping up with news reports related to mortgage fraud and the denials by banks to loan modification requests, or them illegally foreclosing without proper paperwork that they even own banks or the illegal evictions and attempted break-in by trash out companies -- which you can find all over the internet if you looked.
Furthermore, if you actually looked at the "nightmare" house story it says right at the top that it is only a disclaimer as to the condition of the home so that future prospective buyers would know what the real estate agent is trying to push on them - nothing more.
The house was crap and Deutsche Bank investors now own it for EVEN MORE than the house itself was probably worth, so when you think of it, EVERYBODY is being scammed in this mortgage/foreclosure environment. Frankly, maybe if the investors actually saw the house, they'd come to know that the bank is full of s**t in every regard.
Robert
Irvine,#3Consumer Comment
Mon, February 07, 2011
What the heck does the link you posted talk about the issue of someone being kicked out of their house? All the link is, is a disclosure on a "nightmare" house. And quite frankly a majority of that stuff one would hardly consider a "nightmare" as a result of the bank and/or previous owners.
After all maintence has nothing to do with the dryer working on propane. Maintenance has nothing to do with having no garage, anything weather related is not the fault of them. Perhaps they should have talked to the county roads people about them piling up the snow in front of their driveway. Or perhaps they should have talk to the CHP and tell them not to close the road in winter if it gets too much snow. You can't in one sentence how they cut down 4 trees that were dead, and in the next talk about how bad the fire danger is.
But if this house was as bad as that disclosure is making it out to be, I don't see why that couple wouldn't be estatic to be kicked out.
Now, here is some "facts" with an REO/Bank Owned property. These houses will not always be in the best shape. This is because the previous owners could not/would not keep them up. Then there are some home owners that will basically gut the house out of some sense of agravation on loosing the house. Just ask any Real Estate agent about some REO's and see how much animal urine is soaked into the carpets, or how many door knobs and closet doors are missing.
In the end if these people are upset about being kicked out. The REAL person that they should be upset with is the owners who didn't make the payments. Because if they made the payments the bank would not have taken it over and forclose on the house.