My3cents.com - Bank of America Complaint - Customer Service , REO Foreclosed Properties

Bank of America Complaint

Customer Service - REO Foreclosed Properties

Posted By: Just my thoughts on 11/6/2009

Bank of America received 15 Billion dollars in TARP Money.

But Bank of America is holding back Properties they could sell. Why?

If I could find out- I would buy one. To help pay back the Government.
*Property was foreclosed on before. the tax sale on August 29, 2007.

The adjoining piece of property was sold Dec. 13, 2008 that I bought.

With the previous owner to both parcels receiving a check at closing.

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goduke

(11/06/2009)

So how is this bad service?

justthefaxx

(11/06/2009)

You sound like you found a good deal that you don't want to get away. This has nothing to do with you wanting to help pay back the government.

KenPopcorn

(11/06/2009)

It just aint that easy. There are a lot of hurdles to selling foreclosed properties. The paperwork is staggering. Add to that a local judge who recently ruled that if you bought a property that was a foreclosure, even if it was 20 years ago, with owners in between, the original owner can file a claim against the property if the paperwork for the foreclosure wasn't exactly perfect.

Just my thoughts (11/15/2009)

I have made numerous phone calls, been to two BOA banks. Only to be told.
“It is Corporate – check the website.”
Lack of Customer service- No more “Let me check into that for you”. Or
No more ”Let me ask my supervisor”.
Bank of America is greedy- takes the Government money, but won't make loans for their own customers?
Where is a person to go to – If your own bank won't lend you money? I have the Steady income, good references.
Bank of America hasn't paid back any money- If I buy the property, then it helps the state with
tax money, And Maybe BOA will put some money back into the government.
Any... more >>

lacre (11/17/2009)

I totally agree with you, they are greedy lazy people, and whom ever disagree should only comment if they've experienced something mutual.

bearkatkitten

(11/17/2009)

"whom ever disagree should only comment if they've experienced something mutual."

Then this site wouldn't be called my3cents.
People can comment whether they agree with the poster or not.

jktshff1

(11/17/2009)

this makes no (sic) cents.

Add your 3 cents!