Loan Care of Virginia Beach
Short Sale Denial

Our 2nd mortgage (collateral credit line) was offered to Mortgage Treatment by GMAC in Nov. 2010. I set my house available on the market in March like a short-sale and had a customer the very first time. Our 1st mortgage business Citimortgage instantly accepted my short-sale and agreed to spend LoanCare $3,000 release a the mortgage therefore the purchase might undergo. After 2 weeks of foolish demands from Mortgage take care of files currently sumbitted mulitple occasions, they refused the short-sale. I had been in-direct connection with the negotiator for Mortgage Treatment and provided along with the $3,000 from CitiMortgage, to pay for $3,000 more to create my balance present and create all back-payments so that they might launch the loan. They flat-out declined my reason behind difficulty and therefore are making me to foreclose. I'm today in discussions having a bankcruptcy lawyer and certainly will probably report Section 13. Mortgage Treatment may now obtain no cash from CitiMortgage or myself and also the home may stay empty FOR NO PURPOSE. What's therefore annoying is the fact that a nice newly-married nearby school-teacher desired to purchase our home and today it'll stay empty for Lord knows how long. Don't use mortgage treatment!!!

Company: Loan Care of Virginia Beach
Country: USA
State: Virginia

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