We had been in trouble on two mortgages, but it was the second which gave us the hardest time, but who also was our hope for working out an arrangement.
They waited until the end, and just two days after they proposed some kind of lease back, the first mortgage had their sale, Bank of America took the house back, and it is now in the hands of Fannie Mae.
What is so disappointing about this is that the second got NOTHING. All they managed to do was help us lose our home. If they had worked with us or if they would have realized the value was gone and got out of the way, we could have made a deal with the first. All they ended up doing was mucking everything up.
The other disappointment is that Fannie Mae has a lease back program, but that it's too late for me to do anything about it. Why the heck didn't Bank of America or someone tell us about that?
I will be getting papers within days from the realtor, who btw told me I could not buy the house back, nor could any member of my family, and that there would be a "cash for keys" offer of $2,000, to get out of there quickly.
What I'm wondering is if there is anything at all--any legal maneuver that could be pulled at this point.
They waited until the end, and just two days after they proposed some kind of lease back, the first mortgage had their sale, Bank of America took the house back, and it is now in the hands of Fannie Mae.
What is so disappointing about this is that the second got NOTHING. All they managed to do was help us lose our home. If they had worked with us or if they would have realized the value was gone and got out of the way, we could have made a deal with the first. All they ended up doing was mucking everything up.
The other disappointment is that Fannie Mae has a lease back program, but that it's too late for me to do anything about it. Why the heck didn't Bank of America or someone tell us about that?
I will be getting papers within days from the realtor, who btw told me I could not buy the house back, nor could any member of my family, and that there would be a "cash for keys" offer of $2,000, to get out of there quickly.
What I'm wondering is if there is anything at all--any legal maneuver that could be pulled at this point.