Well Fargo will go through the short sale process and at the same time give you foreclosure papers.You can have offers on your home that are more than the pay off and then they will employ delay tactics.
Then they play the time game until finally they foreclose and auction off your home. They are the most dishonest bank I have ever dealt with and they need to be brought down! They play a game over a six month period to satisfy federal requirement like HUD counseling and a submitting paper work countless times. Heck, my original offer went up 15k making it more than the pay off.
This bank is receiving some federal incentives or why would it be to their advantage to foreclose? Prior to loosing my home I dealt with these people on a home equity loan. They built a two tier system into the loan that triggered fees and charges but there was no mechanism to advise the loan holder.
By the time it was all said and done my "line of credit" cost me 3k in hidden fees over a two year period.These are bad people, please stay away from them.
More Review Details
- Product or service
- Home Mortgage Loan
- Review category
- Review rating
- 3 out of 5
You May Also Like
- "I purchased from uBid a Philips Home Theater system 7-12-10 and a two year extended warranty through Bankers Warranty Group of Florida. The DVD/CD player stopped working on 9-19-10 and..."
- "I signed up to have my paychecks deposited on the Chase Paycard. I was assured that it could be used online and that I could pay bills with it. I..."
- "It appears Frost Bank closed our account because we are an immigrant family. On Thursday, we received a letter stating the following: Dear , The mission..."
- "After shopping online for quotes on a 9 day rental car I settled on Advantage. Big Mistake! I entered the code "SMBNS11512" that I found online for up to 20%..."
- "I am a retired, single 67 year old disabled woman. I filed a claim for a broken swamp cooler line, which caused my dining room ceiling to collapse. They contracted..."
- "My new Subaru with 4300 miles was sitting in the garage for two weeks while I was vacationing. The temperature during that time dropped into the single digits. After vacation,..."
- "I ordered hundreds of dollars of latex flowers to use as centerpieces for my wedding. The order was placed at the end of June. When I started to receive the..."
- "Dear Fellow PCers. During my time at WFG, I saw this company heavily prey on and exploit recent immigrants from developing countries. Their victims are often relatively uneducated people who..."
- "They put an item on line to sell but will not ship to my home or to local store (Even Walmart does that!), but tried to talk with local store..."