Here’s the latest from my FAVORITE bank, Wells Fargo. A home is scheduled for foreclosure sale in September of last year and with no offers, I think that we’re done. I attended the sale and, for some reason, the bank pulled the sale. Same thing happened in January. So, I received an offer in late February on the property from a legitimate buyer and at the current asking price. I put together all of the requested paperwork and submitted it within the time frame and what did the bank do? Tell me that because the sale had been postponed twice, the investor wouldn’t consider a third postponment. You have got to be kidding me!!!!! There is an offer on the table!!
It gets even better. The homeowner was unemployed for over a year and got behind on the payments but started working again and what did these genius’ say? He doesn’t qualify for a loan modification. If we aren’t helping the people who need it the most, what does that say about us as a people?