Posted on: 11th Sep, 2010 09:55 pm
wells fargo never should have gave me a loan to buy my house. initial loan amt. 100k still owe 90k paid over 45k in interest so far. house is only worth about 50k to 60k. i found my house to be full of black mold the insurance company wont help.i have a baby on the way and will not sacrifice it being unhealthy to live in a moldy house. i am buying a new house through a local credit union and going to forclose on the moldy house. the credit union said they will not give anyone a loan to buy my house so dont really have a choice but just stop making payments. i am also closing my checking and savings through wells fargo due to the poor interest rates and hidden fees they promissed i wouldn't have to deal with. thanx and god bless america
Hi average joe
Welcome to mortgagefit,
I think you just wanted to share your story with us.We do understand that 'mortgage bubble in 2008' has really done havoc for people's hard earned money but if you look at long perspective you could identify that this phenomenon has happened with nearly every other American individual.
So, you are not alone............Thanks for venting out.............
Feel free to ask any further query.
DIPA
Welcome to mortgagefit,
I think you just wanted to share your story with us.We do understand that 'mortgage bubble in 2008' has really done havoc for people's hard earned money but if you look at long perspective you could identify that this phenomenon has happened with nearly every other American individual.
So, you are not alone............Thanks for venting out.............
Feel free to ask any further query.
DIPA