- Report: #632627
Report - Rebuttal - Arbitrate
Complaint Review: Citimortgage - Citifinancial Mortgage
Citimortgage - Citifinancial MortgageInternet United States of America
Citimortgage - Citifinancial Mortgage We are otw to foreclosure on anold property that we owe a ton of money on internet
*Consumer Comment: Reality...
*Author of original report: correct
*Consumer Comment: Two Properties..
A business' first
line of defense
on the Internet.
If your business is
willing to make a
Click here now..
We bought a property in 1999 for 40,000 financed..and STILL owe over 34,000,due to a 10 pct interest rate! that in itself should be fraud,since our credit is good,never missed a pmt,etc...the note,originally,was an OF,and then was sold,multiple times.CM has had it about 4? yrs..we moved and bought a nome,since the other property is a 1978 trialer! and we found a good deal on the home we are in.
CM's property has been rented for over 3 yrs,and now renters have defaulted,moved,and the place is trash,not counting the age of the mobile home.
We can't get our loan modified,since it is not our primary residence,we obviously cant sell it for the amount owed,the realtors laughed at us about doing a short sale,since it is so old,noone will touch it,nor a deed in lieu of,since they want our whole life story,and it is stil not guaranteed that we will 'qualify"...
nor a refi,since,again,it is not our primary residence..
I am so nervous about,besides losing our so hard worked for credit over the last 20 yrs,they wont help us with any solutions..it sux,they suck,any suggestions?
we cant pay 2 mortgages..who the hell can unless you are rich...
lordy,lordy...just dont know what to do...a lawyer? would that help? since property value may be 15grand,certainly not 35 grand..
This report was posted on Ripoff Report on 08/18/2010 04:26 AM and is a permanent record located here: http://www.ripoffreport.com/r/Citimortgage-Citifinancial-Mortgage/internet/Citimortgage-Citifinancial-Mortgage-We-are-otw-to-foreclosure-on-anold-property-that-we-632627. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year.
Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report.
If you would like to see more Rip-off Reports on this company/individual, search here:Search Tips
In order to assure the best results in your search:
- Keep the name short & simple, and try different variations of the name.
- Do not include ".com", "S", "Inc.", "Corp", or "LLC" at the end of the Company name.
- Use only the first/main part of a name to get best results.
- Only search one name at a time if Company has many AKA's.
Advertisers above have met our
strict standards for business conduct.