My husband and his first wife bought their manufactured home in 1995-with the "help" of Greentree.in 2002 they divorced, and in the divorce, the home was awarded to the wife. Following several months of either late pays or no-pays, the ex was in default, and filed bankruptcy. GreenTree took it upon themselves to contact my husband and "offer" to let him reclaim his home. He agreed, and was told that he could "pick up where he left off"-therefor, no additional documents were needed, no new signatures, etc.
Roll forward 5 years-the balance showing on the monthly payment states 88,000-not only that, but on his credit report the outstanding balance also shows 88,000. Imagine our surprise when we file for a refinance on the home, and the lender contacts us to tell us that our home appraised at 120,000, and the payoff owed to GreenTree is 114,800.
They listed 11,000 in "insurance" and still omitted 14,000 additional fees. My husband contacted GreenTree and they explained that the additional 14,000 was attorney fees! They suggested we sign over ownership!
Help!
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