One of the sellers I am working with, who is in foreclosure, has 3 mortgages on the property. This person moved out of her home several months ago, and as any conscientious person would, gave the banks her new mailing address. While working with these foreclosing law firms, I have found 2 of the 3 law firms that were hired to foreclose on her property have mistakenly tried to file paper work on her present residence. Since this women is living with her son-in-law, she has had no end of worry that she is jeopardizing her son-in-laws home by living there.
I had written about another house in foreclosure which had over a dozen phony liens placed on it. Normally, you would expect lawyers to be competent. All of these errors are created by law firms. I don't know if they hire incompetent help or the lawyers themselves are just incompetent. The irony is that the lawyers think so highly of themselves that they charge over $200 per hour for this poor service.
Caveat Emptor!
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1 comment:
Love your blog. I've linked to it twice and just the other day directed an AARP attorney to your story about the elderly lady with all the liens.
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