I just recieved a call from a man who said he has been in jail for not paying child support and he has not paid his mortgage in TWO YEARS. I have pulled the tax records and the lender has not taken posession of the home. He says he is still in the home, what is my next move? I cannot imagine a scenario where the bank would not have taken the home by now.

He also said he owed $104,000 but due to penalties and interest he now owes around $128,000.

Two years seems like a long time .. but I had one that was like 7 months and still nothing .. in man part with all the selling of loans and closing of companys this person was just falling by the wayside over and over again.


Eric Reid
Renaissance Realty Group / Advance Realty
Office 404-921-2067
Fax (770) 513-4443
EricReid@RRMail.US
http://WWW.GEORGIAONLINEHOMES.COM

These sound strange but are workable. We have worked files that are a year plus behind. Remember the courts have to serve the borrower with notice before they can foreclose. If they cant find them, they have to have a judge sign off and judges dont like doing that. You have the right to own a home and the government takes that right very seriously, look up the castle doctine.