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Not to mention the fact that these Port Saint Lucie Bank Foreclosure Homes are not your average real estate. A foreclosure action that was brought in Florida against Bank of America after the bank mistakenly attempted to foreclose on them demonstrates how homeowners can defend themselves when it comes to wrongful foreclosure actions taken by banks. The couple paid cash when they purchased their home, which was owned by Bank of America.
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Property Styles in Port Saint Lucie Foreclosure Listings
The bank, she says, "has not been responsive to date," has been cited for failure to comply and is accruing a fine of $500 a day. Says mayor Dixon, "They are in contempt. People need to be held accountable." Our site was specifically designed for the average real estate investor who is searching for Foreclosed Homes for Sale that once in a life time opportunity. It is also a find for any young couple who wants to get out of that cramped apartment and buy a Saint Lucie Bank Foreclosures of their own at an affordable price.
Get tips to make smart decisions before and after you buy. Digital Mortgage Experience™ you can prequalify or refinance online. His clients, he says, are "ecstatic--but drained emotionally. It's scary to have your home foreclosed on when you've paid cash for it." Don "Toby" Tobin is a licensed real estate professional affiliated with Grand Living Realty. Toby is a member of the Flagler County Association of Realtors®, the Florida Association of Realtors, Enterprise Flagler, Flagler Home Builders Association, and the National Association of Realtors.
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And research to determine if there is a foreclosure law suit filed against you. At the very least, you should be able to find a foreclosure case number. Nyerges, who still intends to keep his personal bank account with Bank of America, said he's not expecting a smooth ride with the bank moving forward.
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Insurance Products are offered through Merrill Lynch Life Agency Inc. and/or Banc of America Insurance Services, Inc., both of which are licensed insurance agencies and wholly-owned subsidiaries of Bank of America Corporation. Bank of America Private Bank is a division of Bank of America, N.A., Member FDIC and a wholly owned subsidiary of Bank of America Corporation. Trust and fiduciary services are provided by Bank of America, N.A. Both are indirect subsidiaries of Bank of America Corporation. —an easy way to set and track short- and long‑term financial goals, get personalized advice when you need it most and more.
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Please consider looking at other types of properties available here on our website, such as short sales and pre-foreclosures. These types of properties can offer great opportunities for real estate investment. Those looking to purchase foreclosures can also search US bank foreclosure listings to find everything from bank auctions to US bank REO properties that are already on the market. There is no question the banks often fail to follow through when it comes to cases like these. In fact, sometimes these circumstances get so bad that courts have to threaten the banks and the individuals that work at them with contempt of court. But how does something like this, specifically, happen?
A city court judge has ordered a June 28 hearing, at which BofA's local manager will have to show cause why he should not be arrested and jailed for contempt. The Florida incident arose when the bank foreclosed on Warren and Maureen Nyerges of Golden Gate Estates in Naples. This surprised the Nyerges, since they had no mortgage--not with BofA or with anybody else. Fortunately for the lenders, most foreclosures go uncontested along with the deficient document. Frederick B. Tygart, Circuit Judge in the Fourth Judicial District – Duval County recently quashed a foreclosure filled by Deutsche Bank against Patrick Jeffs, et. Tygart vacated and struck the service in process, vacated and set aside the final judgment, and cancelled the scheduled foreclosure sale because of faulty documentation.
Bank of America mistakenly filed a foreclosure claim against the couple despite the absence of a mortgage, prompting the Nyergeses to take the matter to court. The couple eventually won, but then asked Bank of America to pay for $2,534 in attorney fees. A Collier County judge ruled the bank should pay, but the bank never did. As a result, finally, the bank handed over a check to the couple to pay for the attorneys’ fees that it owed. Bank Foreclosure properties are often great investment opportunities for investors and potential homebuyers because they can often be purchased for well below market value.
Find a homeBrowse up-to-date listings for the home you want. If you don't see an app for your device, you may still be able to access our mobile website by typing bankofamerica.com in your mobile web browser. Asked if she thinks the bank manager will show up for the hearing, Johnson says, "If I were being threatened with jail, I'd be present."
We have an extensive number of options for bank owned homes in Port Saint Lucie, but besides the name Bank Foreclosures Sale, a huge part of our listings belong to government institutions. You will find Port Saint Lucie HUD homes for sale, Freddie Mac foreclosures, Fannie Mae foreclosures, FHA properties, VA foreclosures and other kinds of government repo homes in Port Saint Lucie, FL. In Port Saint Lucie today the number of Port Saint Lucie Foreclosed Homes for Sale has given new buyers the opportunity to own their own home for less than the cost of rent. For example, quality sites like ForeclosureRepos.com present potential buys with a list of affordable bank foreclosures throughout the great state of Florida.
As a real estate consultant to developers/builders, homebuyers, and sellers, and as a journalist, I have years of experience and a treasure trove of relevant data and local institutional knowledge. The attorney general is also looking at whether Stern paid kickbacks to big banks. However, after five months, the financial conglomerate still hadn’t paid the couple.
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