Since I knew I couldn’t afford it, I tried to setup a short sale when I found someone who was interested. that’d mean chase would lose about 10k on the 120k mortgage.
So I went through the tedious process which took about a month, and just as we were ready to go chase changed my case handler. So I had to start over with the new person, for reasons that were not provided. So fine, I did.
Month later, THAT person switched off and I got a new case processor to take over, and when they told me I had to start over I literally said “you can fuck yourselves, in walking” and I never spoke to chase about the house again. Couple years later the foreclosure finally went through, and instead of 110k they got… 22k from the sheriffs sale.
My step mom worked at chase in the mortgage dept at the time, and later told me this was SOP for short sales at the time. They were uninterested in actually doing it, just jerking me around until I quit trying.
I didn’t declare bankruptcy, but it fucked up my ability to buy a house in 2017 (and again on 2020), so i had to cash out stock and pay cash for the first one, and get an FHA loan on the second (lol).
The black mark fell off after 7 years so I can buy one now, it was just kind of a pain.
We lost our house. Bank bailouts vs. consumer bailouts even though the financial institutes acted in criminal levels of BS was a big wake up.
It’s very, very clear that the 99% are nothing but dog shit on the bottom of the 1% shoes.
It gets even worse for me.
Since I knew I couldn’t afford it, I tried to setup a short sale when I found someone who was interested. that’d mean chase would lose about 10k on the 120k mortgage.
So I went through the tedious process which took about a month, and just as we were ready to go chase changed my case handler. So I had to start over with the new person, for reasons that were not provided. So fine, I did.
Month later, THAT person switched off and I got a new case processor to take over, and when they told me I had to start over I literally said “you can fuck yourselves, in walking” and I never spoke to chase about the house again. Couple years later the foreclosure finally went through, and instead of 110k they got… 22k from the sheriffs sale.
My step mom worked at chase in the mortgage dept at the time, and later told me this was SOP for short sales at the time. They were uninterested in actually doing it, just jerking me around until I quit trying.
Motherfuckers.
Yeah, we walked and claimed it on a bankruptcy.
Bleh sorry to hear that.
I didn’t declare bankruptcy, but it fucked up my ability to buy a house in 2017 (and again on 2020), so i had to cash out stock and pay cash for the first one, and get an FHA loan on the second (lol).
The black mark fell off after 7 years so I can buy one now, it was just kind of a pain.