Bridget's Blog

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Apparently I needed to contact elected officials to get anywhere...

Apparently I needed to contact elected officials to get anywhere...

Finally at the absolute end of my rope with trying to help a friend get through a sale, short sale, deed in lieu that has been completely mis-handled by Bank of America, I new I needed to get outside help.

A little background....

The property has been on the market since June of 2008.  It started as a regular sale.  6 months later, it became a short sale.  I ranted about the short sale process with Bank of America here.  In May of 2010, the home owner asked me (as power of attorney) to request a Deed in Lieu.  We have been struggling with the Deed in Lieu process and finally have been assigned a rep who has been responsive.  After being told that the property may not qualify for a Deed in Lieu due to the "state of the property", I checked out the house and wrote about it in "Are Gleaming Hardwoods Supposed To Be Bumpy?"

I was so frustrated I sent links to both blogs to every one of the elected officials in my friend's district, including the Govenor of Maryland.  I sent the email at 9 PM in the evening.  By 10 AM the next morning I had received a "the homeowner needs to contact us directly" email from Senator James Ed DeGrange, Sr. which I forwarded to the homeowner.  At about 10:30 I got a call from Ted J. SOPHOCLEUS,Democrat, House of Delegates District 32 in Anne Arundel County Maryland.  It wasn't from his office, I spoke to Ted directly.  He had already spoken to a rep at The Maryland Banking Commission.  The rep was expecting a call from me.  He told me if I didn't get a resolution quickly to call him back. Very impressive. 

The homeowner had spoken to Sandy Popp, a legislative aid for Senator DeGrange's office. I then got a call from Sandy letting me know they had spoken and she would be forwarding the info to the contact at Maryland Banking.  I let Sandy know that I had already done that per Ted and that I appreciated her help.  She asked that I keep them informed and to let them know if I don't get a resolution. 

I called the contact at Maryland Banking, discussed the issues we were dealing with and forwarded the blog links.  A few hours later I got a call back to let me know that the rep had been in touch with BofA and we should hear something shortly.

At about 4 PM that day I got a call from the President's office of Bank of America.  They had the links to the blogs, and were reviewing the file and documentation. 

I have been told that I will get a call back early next week.  I have a real name and contact number for Bank of America.  I have "in's" with both a Senator and a Maryland Delegate.  I am finally confident that some resolution is forthcoming!!

I will keep you updated!

A BIG Thank You to Delegate Ted Sophocleus for getting on top of this so quickly!  A BIG Thank You to Sandy at  Senator Degrange's office who was ready to help just as quickly.  Never heard back from the Governor's Office.

If you are struggling with something close to or as messy as what we have been dealing with on this home, I HIGHLY recommend you contact your elected officials sooner than later.  It may just save you some frustration.  They want to help!

Apparently I needed to contact elected officials to get anywhere...

 

Warm Regards,

Bridget McGee  Maryland Mortgage Mama  NMLS# 196068  Corridor Mortgage Group.   410-960-2061 EHO   bmcgee@corridormtg.com or marylandmortgagemama@gmail.com

 

If you are considering purchasing a home in Maryland and want to be sure you are mortgage ready, my brother Tony and I will be happy to help! We help to make the mortgage process a pleasure! 

If you already own your home, we are happy to provide a no-cost mortgage review to help you to determine if refinancing may be in your best interest.  Please contact me at 410-960-2061.

Comment balloon 5 commentsBridget "Mortgage Mama" McGee • May 29 2011 10:46PM

Comments

great idea.

Posted by Bruce Parker (RE/MAX Best) about 8 years ago

I would never have thought of that.  Thanks for your post!

Posted by Laurie Martinez, South Orange County Real Estate (Berkshire Hathaway HomeServices California Properties) about 8 years ago

wow Bridget. Over 2 years dealing with a bank and unrelenting buyers. That is surely a test to anyones will to get it sold. I am glad to hear that help is finally on the way or so it seems. Good luck and from what has happened...it sounds like BOA has dug such a deep hole they may never see daylight again with this house.

Posted by Martha Brown, Your Homes Around Annapolis Agent (Long & Foster Real Estate, Inc., Annapolis MD 21403) about 8 years ago

Bruce, Wish I would have done it a year ago!!

Laurie, They are elected to serve.  I can't vote for either one of these folks since they are not in my district, if they can get something done I will sing their praises to those who can!

Martha,  We lost 5 contracts while in short sale due to BofA's incompetence.  The house has not even been on the market for over a year...we couldn't get BofA to get it to the right department! What a mess!  I think you may be right about the hole!!

Posted by Bridget "Mortgage Mama" McGee, Maryland Mortgage Mama NMLS#196068 (SWBC Mortgage 410-960-2061) about 8 years ago

You are tenacious and resourceful.  I will always want you on my team!

Margaret

Posted by Margaret Rome, Baltimore Maryland, Sell Your Home With Margaret Rome ( HomeRome Realty 410-530-2400) about 8 years ago

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