Tag Archive | "Jose"

Bank Of America Foreclosure Over a Dollar

Bank Of America Foreclosure Over a Dollar

Bank tells Surprise couple they’re in foreclosure on home they sold in short sale nine months ago.


A Surprise couple sold their home in a short sale, and then were shocked when the bank told them the house was in foreclosure for an unpaid balance of just one dollar.

Like many other homeowners, Jose and Marcy Romero were upside down on their home. They felt the best decision was to put it up for a short sale. They owed $200,000, but it sold for $84,000. Marcy said, “(We) put it up on the market. Five minutes later it sold.”

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