Bank of America
Seller Foreclosed Nine Years Later Claiming Never Paid at Closing
- 08-04-2012
- 27
My wife purchased 8 properties 9 years ago from a finance company that closed its doors. The loans were passed on to Countrywide and then Bank of America. The original seller has now come back and foreclosed on the properties after 9 years saying he was never paid by the bank. Bank of America has been unable to provide us with cancelled checks or anything that would indicate that the seller was paid at closing. The closing attorney was also unable to provide us with the cancelled checks stating that they are not kept over 7 years. We also found fraudulent security deeds on the properties which were used by the seller to foreclose on the properties. Bank of America just continues to tell us they are investigating over the course of 2 months now. We have spent over $5000 dollars trying to resolve this problem thus far and Bank of America has done nothing but give us the run around.
Company: Bank of America
Country: USA