BANK OF AMERICA ORDERS TRASHOUT OF SHORT SALE HOME AFTER CLOSING

Approximately one week after the new owners closed on the short sale home they purchased through the defaulting Sellers with the approval of BOA, as is required in any short sale, they come home to find a trash-out Crew hired by BOA in their new home.  Their orders were to dispose of all personal belongings in the home, and those orders came from BOA’s Foreclosure Department and Property Preservation Team.

This occurred at the end of January 2011, and after repeated phone calls and emails, an answer comes from BOA on March 15, 2011.  They weren’t surprised, and even suggested future short sale buyers hire security companies and keep the home occupied 100% of the time to attempt to avoid this scenario.  Interesting, they didn’t suggest that they make any internal improvements in their own department.

The lawyer who gets this case, should make a bundle, and the new homeowner should be adequately compensated as the end result of the litigation, but as we all know, you just can’t replace those family photos and other memorabilia.

 

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