I separated from my x-wife 3 1/2 years ago and have been divorced for the last two. My wife stayed in the house and has not made any payments for 3 years.
I separated from my x-wife almost 4 years ago and have now been divorced 2 years. She has not made a payment on this house for the last 42 months.
We owned this home in CA sense 2002. The first is with BofA (old Coutry Wide Loan) for 485k and a second home equity line for 100K is with BofA. Value of the house currently is maybe 550k. 10 acres, 3000sqft nice house
Past due is 150k+, not including taxes and home owners insurance....
I know BofA purchased troubled Country Wide and there was some issues with the quality of the loans Docs Country Wide Made.
I am getting calls from Real Time Solutions and they ask me if we want to do a short sale but there is nothing I can do without my x-wifes participation. She is living there for free why should she participate.
I would like to get this behind me but BofA won't foreclose.
Why??? it's been three years!!!??? Could BofA lost the loan Docs?