I did a transaction with a company who said they would purchase my home (I have been out of work for 8 months now)
Their fee was 1% of my unpaid mortgage loan balance, Now the bank is saying that this company owns the DEED but not the responsibility of the LOAN. Any suggestions? I am exhausted, sad, angry, grieving the home that I am losing, along with over 200 points on my credit-& the mortgage is my ONLY debt.. I don't know what the heck happened here.
I am so incredibly up-side down in this loan. I owe approx. $146,000. The town homes in my complex are selling for $25,000 up to $60,000.