We are tenants of a property that was about to foreclosed. The bank was open to the idea for us to purchase the property, we got prequalified and offered a price comparable to the price of homes in the sorrounding area. Aurora Loan Services purchased the property and after 60 days of asking for paperwork, outrightly denied our offer WITHOUT ANY COUNTER OFFER! Did not state the reason for rejection, do they want more money for the house? Do we need a co-signer? Do we need more down payment? NOTHING! We are now in process of being evicted and Aurora would not even give us a price for the property. I wrote to Senators Boxer and Feinstein, Gov. Arnold Schwarzenegger, Rep Calvert, Asseblyman Miller, Supervisor Tavaglione and Mayor of Corona Steve Nolan. WE NEED MORE TIME TO FIND, OFFER, CLOSE AND MOVE TO A NEW PROPERTY, WE ARE WILLING TO PAY TO STAY! No answer from Aurora.
I feel like Aurora's goal is to foreclose as many homes as they could so when the market starts getting hot they have amassed an arsenal of homes and make a killing!
I have 4 kids at home, it doesn't make sense to move to another home temporarily and move to a permanent home after 3 months. Aurora should have told us they are not interested from the get go, we had more time then... Unless any of my elected officials intervene, we will be evicted...
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