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asphaltgambler asphaltgambler is offline
Still Doin Time
 
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Join Date: Nov 2004
Location: Nokesville, Va.
Posts: 8,225
We looked at a few properties like this ( SFH ) in our area. My belief is that whomever is the lien holder they limit information to the average Joe to "0". In fact there was 1 home that was only available by bidding online. Which looked like total scam. No one can ever give you a timeline or date to close or even responding to a legitimate offer.

I think all this sandbagging and mystery is an excuse to milk the system ( our tax dollars) for default insurance if the loan is conforming. And if it is all the fees, penalties and % overdue just rack up month over month that they will collect when it's sold.

We gave up when we couldn't get a straight answer out of anyone on any of these properties
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Old 11-30-2019, 07:04 PM
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