Wednesday, December 15, 2010

Man Stands On Principles, Dares Bank To Foreclose, And Wins

I wrote last month about a guy who was willing to let his bank foreclosure on his house over $25 in fees the bank erroneously charged him and refused to reverse. Turns out the bank blinked and has agreed to the man's (entirely reasonable) demands and has canceled the foreclosure four days before the auction. Nice to see someone at the bank has some common sense.

1 comment:

Green Mountain Realty said...

As developers, builders, and brokers we have seen people make demands and have those demands met to avoid foreclosure situations. Banks will think about options more if they are presented in different scenarios.

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