Originally Posted by
califdadof3
When did the loan close? And did it go through a title company? There should have been a PMI account set up at escrow. Then it would have been through escro that the funds were dispursed. Does the first bank have copies of payments made on your behalf to the property asessors office? They should have an accounting and also your due a refund of anything that wasnt dispersed for taxes or insurance.
I signed the final docs on April 13 2010.
On April 20th I received a check from the Title company made out to my name for 286,000 two hundred and eighty six thousand approx.
This was the payoff for one of the two properties.
It was a big ERROR. Should have never have gone to me.
Should have been a wire transfer to Wachovia.
So the bank manager and I got those funds to go to the right place.
I am paying my closing costs outright. Also adding 30k to the loan to get the payments down. I asked about this when I signed the final docs I was told it was all being handled. I asked about this 5 times in written form. I was assured it would be carried out. Well it wasn't. The bank manager and I got those funds transferred from my cd account and re-directed the title company's check on April 25th I think the date was. It was a Monday at 9am.
Then I check up on the wachovia loan that I got the check for in error by their call box system. The loan has not funded. Wac takes another mortgage payment auto deduct from my account as it has been for a long time of 1,035 one thousand and thirty five dollars on April 28th. The loan is still active with no info on the payment or the loan being funded. I am livid. This is April 28th I signed the final docs on April 13th.
So I call the bank manager and tell him what has happened.
Tell him I want resolution complete resolution as fast as possible.
Let the weekend play out. Have to do a job at my cabin and return on Tuesday night late. Last Wednesday morning I call the auto wachovia system to check on the loan.
It has funded and it completed.
It funded on April 28th (remember they took a payment of $1,035 on this date which there is suddenly NO RECORD of)
It recorded on May 4th
I hit a few more call boxes.
It gives me the amount of property taxes for 2009
None for 2010
Tells me the interest paid for 2010
I don't know about the copies of payments to property assessors office. My gut tells me that they did not. I do have the monthly statements that show a portion of every mortgage payment I made went into a fund to pay for the property taxes as both properties were impounded for property taxes only. I pay my own insurance.
Is there a person a professional that can be hired to over see this mess like if I had a fire in a property of mine and I hired a personal/private claims adjuster? If so what would be that persons title?
I need to get the real numbers that these clowns are using and ask detailed questions about amounts of money transferred around that are correct or incorrect. I don't have access to that info as a client.