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Are there legal options I can take on the investor that bought my house? |
I used an investor to supposedly buy my house and just checked my credit report and on my credit report it is listed as a foreclosure. I am still getting calls from the mortgage company on my heloc. Do I have the right now to seek legal counsel on this group of scam artists? Supposedly buy? What did you do let the person take over your mortgage against the rules of the documentation you signed when you took out the loan? Doesn't matter now you will have to pay an Atty to get the mess straightened out no matter what you have done as long as that SUPPOSEDLY word is in there. You'd better get a lawyer and see if you can undo whatever you've done. You don't give enough details for anyone to know what actually happened. Without knowing what was done no one can offer advice on what you should do. All that we know is you dealt with an investor and you have a foreclosure on your record. There is a lot that can and could happen between those two things. I don't know how you could have sold the home to the investor if the bank foreclosed on the property. The bank would then be the new owner. You need a lawyer fast. You have not sold your property, The investor could not get a clear title to the unit without the bank releasing the loan, or letting them assume it.. I expect that you "sold" your house to an investor on a contract for deed, lease option, rent to own or some other such type of transaction. On all of these, you turn over the keys and control of your house - and you still have a loan in your name. That's not a good thing to do. |
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