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Real Estate & Property Law

: The Home Equity Theft Reporter

BofA Breaks Contract For Sale Of REO; Stiffs Homebuyer On Earnest Money Refund Until Media Makes Inquiries

By r morris

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In Port Charlotte, Florida, WINK-TV News reports:A Port Charlotte woman signed a contract to buy a foreclosed home but the bank backed out of the deal. The bank also kept her money. That's when she called for action.Ellie Serra's move stopped before it started. The recent divorcee put an offer on a foreclosure in North Port and Bank of America accepted her offer. "I was ready to go. I've got

Full post as published by The Home Equity Theft Reporter on March 19, 2011 (boomark / email).

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