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Charlie and Maria Cardoso are among the millions of Americans who have experienced the misery and embarrassment that come with home foreclosure. Just one problem: The Massachusetts couple paid for their future retirement home in Spring Hill with cash in 2005, five years before agents for Bank of America seized the house, removed belongings and changed the locks on the doors, according to a lawsuit the couple have filed in federal court.
The bank had an incorrect address on foreclosure documents — the house it meant to seize is across the street and about 10 doors down — but the Cardosos and a Realtor employed by Bank of America were unable to convince the company that it had the wrong house, the suit states.
Charlie Cardoso is an unemployed construction worker, and his wife is disabled. They paid $139,000 for the three-bedroom pool home in the tidy neighborhood a few blocks south of Spring Hill Drive, records show. It was Charlie's life savings, the complaint says.
"Their own real estate agent told them, and nevertheless Bank of America steamrolled right ahead," said Joseph deMello, an attorney in Taunton, Mass., who is representing the couple. "This is a nightmare for anyone, and it affected my hard-working clients a lot."
Originally posted by Digital_Reality
reply to post by Signals
Wow, I'm still trying to wrap my head around this. So they owned the house and BOA just took it by mistake and couldn't be bothered with the details.
Originally posted by djvexd
reply to post by Jean Paul Zodeaux
I tend to agree. There was definatley criminal behavior at the root of this. The fact that after being provided information to the contrary, they still did what they did. Willful in my opinion. Although I am no lawyer. However large corps. like this are difficult to touch becasue you can never nail down the 1 or 2 people who administrated this.