I went through a divorce after 20 yrs of marriage, he left and I could not afford our marital debt and he would not sign the house over to me anyway. So we both left our home and filed bankruptcy, we agreed to sell the home for a "short sale", Bank of America (BAC) agreed, however, we sold the house 3 times and BAC would not move the sales through, the buyers backed out each after waiting 3-5 months to close. Why??
Now the house has been sitting empty going on two years. It is a very nice home on one acre of property in a nice subdivision. Now it has greatly depreciated while sitting empty, the city has even placed liens against it for broken glass, doors open, grass too tall and more, The banks were bought out with government money. What are they doing with it?
I know what they are doing with some of it...I receive packet after packet of documents from BAC delivered by Federal Express, the packets have postage paid envelopes so that I can send the packets back, they are for the Home Retention Program,??
We never wanted to retain the home and the phone number that is included in the packet is to an automated system that never leads to a person, I know I have entered every option provided. How many other people is this happening to? what a waste, Is the government monitoring where this money is being spent?
Monetary Loss: $160.