I have been trying to get a loan modification from Wells Fargo for a year now. They keep denying me, but cannot tell me why and never send me any paperwork to make things official. I told them I would put the property on the market, but they are saying I will be responsible for the remainder of the loan. My mortgage is 158,000, but is underwater for 79,000. Right now. Does anyone know of any programs or things that I can do? Any advice would be appreciated because I am so stressed about this place it is making me sick. F*** being an homeowner it is not my American dream anymore! LOL

Views: 395

Reply to This

Replies to This Discussion

It's a pain in the azz

AllyNWonderland said:

Y'all are scaring me cause ive just officially started the home buying process....jeez

not being funny but you're screwed..When I got hurt at the gig the ex didnt do her thing by paying the bills.tried to modify and was going to but they kept me in the ringer for 2-3 yrs. After them dicking me around i said eff it n short sold it. Basically banks are gonna screw you so dont worry

my new place im buying straight cash.i'll never have a mortgage again. My friend owns hundreds of properties and he pays cash for every last one. he's teaching how to get that early

Awww Blackfu these are the nicest words you have ever said to me J But yeah, that is how I feel, LOL. I am not taking their automatic add the payment to the back end modification without any paperwork. I really think they are trying to do some sheisty s*** to me. Like where is my paperwork and the new term to my loan. So I am going to just talk to the finance dept and have them put me on a payment plan to pay off the 3,000. I owe. I think they keep looking at my age and race and just assume i am a dummy, but this not proper procedure! I also spoke to a program called Operation Hope that said they will try and help me figure out what they can do.

 So once you did the short sale, were you responsible for the remaining amount of the loan?

blackfujones said:

my new place im buying straight cash.i'll never have a mortgage again. My friend owns hundreds of properties and he pays cash for every last one. he's teaching how to get that early

nope..made the ex -wife pay it for not suing her for the money she stole.

Ms. BoiBye said:

Awww Blackfu these are the nicest words you have ever said to me J But yeah, that is how I feel, LOL. I am not taking their automatic add the payment to the back end modification without any paperwork. I really think they are trying to do some sheisty s*** to me. Like where is my paperwork and the new term to my loan. So I am going to just talk to the finance dept and have them put me on a payment plan to pay off the 3,000. I owe. I think they keep looking at my age and race and just assume i am a dummy, but this not proper procedure! I also spoke to a program called Operation Hope that said they will try and help me figure out what they can do.

 So once you did the short sale, were you responsible for the remaining amount of the loan?

blackfujones said:

my new place im buying straight cash.i'll never have a mortgage again. My friend owns hundreds of properties and he pays cash for every last one. he's teaching how to get that early

pending on hwere i live.if i cant pay cash for a place ill rent for the rest of my life.seems like owning a home is a liability

I feel you on that one. It is alway something breaking or needing to upgraded. So I am constantly putting money into something that is not really an investment. I think i may see if I can rent to section 8, but don't want my neighboors to hate me like we do the section 8 tentant we have in the bldg now.

blackfujones said:

pending on hwere i live.if i cant pay cash for a place ill rent for the rest of my life.seems like owning a home is a liability

Damn yall hate Wells don't yall...lol. I'm kinda afraid to say I used to be a loan modifier for them; I worked there 2 years, and just recently quit within past 6 mos, so I am up on ish... Is your loan a conventional or fha loan, also do u know who ur investor is ms.boibye?? From there, I can may be able to give u some guidance. They are not a bad company yall... It's just that we have strict guidelines to go by per govt discresion (sp)??

foreclosing works !! Its not a good thing for your credit but it works! It gets their attention.

Reply to Discussion

RSS

BallerBoards

Blac Chyna Gets Jacked of More than $200k in Cash

Started by Asimplebijou in Talk Ish 57 minutes ago. 0 Replies

Someone broke into Blac Chyna's home and robbed her safe. #TMZ reports that the signs seem to lead to someone who was close with both her and her fiancé, #RobKardashian.The burglar took more than…Continue

Misty Copeland Gets A Barbie in Her Honor

Started by Asimplebijou in Talk Ish 1 hour ago. 0 Replies

Misty Copeland made history last year when she became the first African American woman to be named principal dancer of the renowned American Ballet Theatre. Since then, there have been tons of…Continue

First Probate Hearing to Discuss Prince's Estate

Started by Asimplebijou in Talk Ish 1 hour ago. 0 Replies

The first probate hearing concerning #Prince's estate is taking place Monday in #CarverCounty of #Minnesota. Last week the legend's sister, #TykaNelson, filed papers saying that her brother had no…Continue

That walk across the stage.

Started by Student Beauty in Talk Ish. Last reply by Asimplebijou 1 hour ago. 3 Replies

Hello,I hope everyone has been well. I really miss you all. But, guess what? Finally, I am graduating with my Bachelors in CIS.. Yes! Jesus was my caseworker. I can remember when my stupid ex would…Continue

Latest Activity

Asimplebijou posted discussions
57 minutes ago
Asimplebijou replied to Student Beauty's discussion That walk across the stage.
"Congratulations on your accomplishment. You earned it girl"
1 hour ago
Suga Bear commented on Eleven8's blog post I'm Pullin Up On You!: Rockets Trevor Ariza Got Time Today Cuz (See Tweets)
"Rule No. 1. You never go to someone's house to start a fight. You don't know what or who…"
4 hours ago
Suga Bear commented on Peachkyss's blog post Baller Alert's Hit or Miss: Keyshia Cole Wearing Madame X 'Azaria' Jacket and Giuseppe Zanotti White T-Strap Chain Sandals
"A miss only because her jeans are cuffed at the bottom. Other than that, she looks great."
5 hours ago
BunniDWabbit commented on Eleven8's blog post Blac Chyna Threatens Law Suit If Sex Tape With Tyga Is Leaked
"Tyga probably set it up, we know he needs the money. Once it gets shopped around, it's a…"
5 hours ago
Niko Rose posted blog posts
7 hours ago
Niko Rose's 2 blog posts were featured
7 hours ago
Moving In Silence commented on Eleven8's blog post Special Cloth Alert: DJ Khaled Is Going To Be A Dad
"Congratulations DJ Khaled!!!"
10 hours ago
B Thang commented on Eleven8's blog post Blac Chyna Threatens Law Suit If Sex Tape With Tyga Is Leaked
"What a coincidence now that the stupid show just premiered this weekend. Girl BYE!"
10 hours ago
Denise Love commented on Eleven8's blog post Ray Rice & Wife Janay Expecting Baby #2
"how humiliating."
14 hours ago
Denise Love commented on Eleven8's blog post Blac Chyna Threatens Law Suit If Sex Tape With Tyga Is Leaked
"These sex tapes aren't played out yet??? So corny."
14 hours ago
SoLuscious commented on Eleven8's blog post Blac Chyna Threatens Law Suit If Sex Tape With Tyga Is Leaked
"*rolling my eyes*"
14 hours ago

© 2016   Created by Baller Alert.   Powered by

Badges  |  Report an Issue  |  Terms of Service