42 months and no NOD??? BofA

[serwin]

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?

[bankwhipped]

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?

Check your state's laws on SOL. I believe that after a number of years without any action you could possibly end up owning the house free & clear (or your ex) I would check with an attorney.

[Jeffrey L. Shurtliff]

Check your state's laws on SOL. I believe that after a number of years without any action you could possibly end up owning the house free & clear (or your ex) I would check with an attorney.

I concur with this. What state are you in. Some adverse possession laws would show your exwife has color of title and can record a claim to title by undersigned occupant on the property.

[Evan Bedard]

I agree with the members above and the statute of limitation or SOL in California is 4 years on a written contract.. Are you sure an NOD hasn't been filed in the past year or so since you are not living in the property?