Complaint Review: State ridge Company LLC - Internet

  In 2011 I purchased a deed for the property I was living in, and filed it with the state. I put down a deposit and I was given a contract for what I thought was alternative method of home ownership. The home was sold as is, with no HVAC unit in the property, major roof damage, and sub grade plumbing. Since I am permanently disabled I thought this was my only option to own a home. I remained in the property until 2017, paying my mortgage. As with most mortgages, my mortgage was sold three different times. The final Company was STATEBRIDGE COMPANY, LLC. By sheer luck a letter was sent to my home stating that a tax lien would be executed in October 2017 because of nonpayment of taxes. I could not understand why that was the case when I have been paying my mortgage as agreed. I contacted the state and asked them why they sent a letter to this address to an unknown company name when I in fact was the owner. The state informed me that they did not see my name associated with this property. They also asked me how long I have been living there. I informed them that I purchased the house in 2011 and was asked to provide a copy of the contract that I had. I complied with that request and was informed that I was not listed anywhere on the property and all I had was a security deed for a loan, and did not mean I own the home.

I've then contacted STATEBRIDGE COMPANY, LLC to find out their response to this information and have yet to receive a phone call back. However I have been getting harassing letters indicating that they were going to foreclose on this property. How can they foreclose on the property when I don't own it? I have an been an unknowing "renter" for the past 6 years! To add insult to injury and I have been on a massive repayment plan for the last year. I fell behind three months in 2016 due to a divorce, and they agreed to a repayment plan. Which more than double my mortgage. I tried to get them to work with me because I only have disability income, but they refused. I am now going to lose the place that I lived in for the last six years. They have told me I must surrender the property. Their interest have peeked now that property values have increased due to the library being built down the street from the house, and the 10 minute travel time to the airport. In addition to that they have reported me to all three credit bureau's as having a mortgage. And have reported me as late on mortgage payments. This of course ruins your credit and your options to secure a new loan or get financing from anyone else. I feel like they have tried to take advantage of a disabled person. Since I don't own the home there is no recourse but to move out. But to have to continue to pay to investor while I struggle to make ends meet is just wrong! Isn't this how we ended up in the Last housing crisis that almost took down this country? Is there someone out there who can help protect disabled persons and protect them from predatory companies like this ?