Appraisal atrocity7 of 14Our mortgage company agreed to give us a furlough on our home mortgage payments to help us pay the hospital and doctor bills for my wife's cancer treatment. Then, within a matter of days, the company filed a foreclosure action against us. Our case is now before the Oklahoma Supreme Court.As part of the previously mentioned foreclosure effort, they arranged for a false/fabricated real estate appraisal to increase the alleged fair market value some $40,000 above the actual value. This was part of an effort to justify the foreclosure action, as well as a refusal by the bank to accept a full (cash) settlement for actual fair market value (for our home).All told, we have filed three fraud complaints with the Oklahoma attorney general. -- David, Oklahoma Related Articles:Credit card horror stories7 brainless borrowing behaviors6 smart credit card moves nowFixed rate cards going awayRelated Links:Refinance calculatorSavings goal calculatorWhat is my FICO score?Credit risk test advertisement
Our mortgage company agreed to give us a furlough on our home mortgage payments to help us pay the hospital and doctor bills for my wife's cancer treatment. Then, within a matter of days, the company filed a foreclosure action against us. Our case is now before the Oklahoma Supreme Court.
As part of the previously mentioned foreclosure effort, they arranged for a false/fabricated real estate appraisal to increase the alleged fair market value some $40,000 above the actual value. This was part of an effort to justify the foreclosure action, as well as a refusal by the bank to accept a full (cash) settlement for actual fair market value (for our home).
All told, we have filed three fraud complaints with the Oklahoma attorney general. -- David, Oklahoma