Hi,
Got a BofA 1st, Wells 2nd. Divorce not complete but is legitimate hardship. Anyone else in this position ever where the divorce wasn't complete? Can we still list and sell and get approved? Anyone deal with B of A on similar scenario--plenty of money to pay, but getting divorced and can't keep house.
Thanks
K
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@Cahty - Sorry - with banks, there is no supreme wizard who knows "the truth". I tend to use the stick and the carrot. Oh? Don't you know you can't foreclose on people in the service and you insist that we make this soldier re-own the property? The buyer is already antsy and the wife has about had it and ready to just let it sit. We want to save the investor money and get this service family back to a normal life.
There seem to be enough political ramifications that a call to the office of the president might get the right kind of understanding and attention.
The problem is that bank people do not have to be logical, but often explaining the pluses and minuses logically will point out how they could be asking for trouble in what they want and the easiest thing to do is actually the right and legal thing. Sometimes it comes down to getting moved to higher management and being persuasive, unfortunately. And, although I usually maneuver around BOA obstacles, there are files that have died out there..
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