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My Bad! Woman's House Mistakenly Auctioned by Bank

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marmar Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-19-09 04:17 PM
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My Bad! Woman's House Mistakenly Auctioned by Bank
from NBC Miami:



My Bad! Woman's House Mistakenly Auctioned by Bank
A Homestead woman's home was auctioned to the highest bidder

By TODD WRIGHT
Updated 4:43 PM EDT, Wed, Aug 19, 2009


You know times are tough when people are getting kicked out of their house when it’s not even for sale.

That’s what happened to Anna Ramirez after she found all of her stuff out on the front lawn of her Homestead home last week and a strange man demanding she get out of his newly purchased house.

The eviction came after Ramirez’s home was mistakenly auctioned off to the highest bidder by her bank, Washington Mutual. Usually, you get a warning before you get the boot. A foreclosure letter. Maybe a sign saying your house is up for sale. Not Ramirez, who found her belongings bashed and battered in the street.

"This came out of nowhere," Ramirez said. "The bank took the house from right under my feet."

The man who bought the house told Ramirez he paid $87,000 for it, which shocked Ramirez, who bought the house for $260,000. .........(more)

The complete piece is at: http://www.nbcmiami.com/news/local-beat/Womans-House-Mistakenly-Auctioned-by-Bank-53583357.html?yhp=1




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GreenPartyVoter Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-19-09 04:19 PM
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1. That's nuts!
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Gidney N Cloyd Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-19-09 04:28 PM
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2. WaMu is still in business? I thought they were eaten up by Chase or someone last year.
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marmar Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-19-09 04:29 PM
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3. I think they were, but the WaMu name hasn't disappeared yet.
nt
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FarCenter Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-19-09 04:32 PM
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4. It appears to have been a government screw-up, not the bank's
From the article -- "A mistake in the Miami-Dade Clerk's Office appears to be behind the mishap, which landed Ramirez homeless for more than 24 hours."
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