Aurora Loan Services
Aurora would not look at offers on our home that would have kept it from foreclosing

Our house in Arizona was on the market for over a year, starting at a sales price of $215,000. We had moved to another state and finally were unable to keep making payments on two homes and we notified Aurora about our circumstances.

Our Arizona realtor communicated with Aurora several times regarding short sale options but even though we had two consecutive contracts on our home for around $125,000, these contracts sat on Aurora's underwriter's desks until both contracts expired. Our realtor was extremely frustrated and could get no answers when she called Aurora about the status of these contracts.

Our home was foreclosed upon and within one month of Aurora then assigning it to a realtor, the home sold and closed at a sales price of $99,000.

It seems logical to conclude that Aurora purposely let our house foreclose, allowing our credit to be ruined. The quick listing and sale after foreclosure proves that it was a salable property and we have no explanation as to why they would not approve a higher sales price when they had two sales on their desks prior to foreclosure.

We aren't the only ones we know with whom this has happened—where a good sale on the table was ignored by Aurora and the foreclosure took place.

Company: Aurora Loan Services
Country: USA
State: Colorado
City: Littleton
Phone: 7209453000
Site: alservices.com

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