Earlier today, confirmation hit the media that Deon Derrico’s home had officially been repossessed by the original lender bank. So where is the family of 16 living now that they have lost their home? Read on to get the details.
Bank US Trust National Association is now the official owner of Deon Derrico’s home. The financial institution foreclosed on the residence early on October 10th. The US Sun got access to the home’s deed and reported that the bank purchased the home for $441,842.06. The amount that they paid to reacquire the home was equivalent to the amount that the Derrico family still owed on the original home loan.
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