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Bank of America - Illegal Fraudulant Lien Placed on my Property (Not a BOA customer)
Complaint
Review by michael.bartosh on 2012-10-26
Rating: 
TEXAS -- Bought a property in October 2007 with clear title. Built a home in 2010. Sold home in October 2012.
Title company found that Bank of America had placed an illegal, fraudulent lien on my property in January 2008. Note I am not a bank of America and never have had any dealing with BOA.
They were trying to lien the property across the street and through either incompetence or stupidity placed the lien on my property instead.
Now they are compromising the sale of my property. I'm under contract to close my home October 30, 2012 and they are dragging their feet.
Title company found that Bank of America had placed an illegal, fraudulent lien on my property in January 2008. Note I am not a bank of America and never have had any dealing with BOA.
They were trying to lien the property across the street and through either incompetence or stupidity placed the lien on my property instead.
Now they are compromising the sale of my property. I'm under contract to close my home October 30, 2012 and they are dragging their feet.
Comments:
Posted by leet60 on 2012-10-26:
This is not suprising for B of A. You might want to contact the local media and determine if they may have some interest in doing a story. With the recent news about fraudulent mortgage activities with B of A, this may interest them and if they do a story the bad publicity may cause B of A to sit up, take notice and resolve this issue.
Posted by Vinnie11 on 2012-10-26:
I am a BoA customer and I am saddened that they are now not only screwing us over but sharing their incompetence with the general population. I hope you can get things straightened out in time for your sale but I'd definitely be worried.
Posted by trmn8r on 2012-10-26:
It sounds like this was discovered very recently, though you didn't specify a date. I'm confident this will be corrected if the details are true, but it is BoA - it will probably take longer than it should. Good luck.
Posted by CowboyFan on 2012-10-26:
The lien is not fraudelent. It is a mistake. Fraud means an intentional action to deceive or cheat others. The OP has no knowledge that occurred.
Not that difficult to make a mistake, especially where the plats and locations are by lot number.
Trmn8r is correct in that if it is only recently discovered, B of A will correct it. The lawyer doing your closing should be able to draft documents to deal with this situation, so that the house can be sold, even if the lien has not yet been cleared.
Not that difficult to make a mistake, especially where the plats and locations are by lot number.
Trmn8r is correct in that if it is only recently discovered, B of A will correct it. The lawyer doing your closing should be able to draft documents to deal with this situation, so that the house can be sold, even if the lien has not yet been cleared.
Posted by CUontheFlipSide on 2012-10-26:
At work, I have seen several instances like this. In each and every case, the error was not caused by the bank, but by the minimum wage clerk in the town hall, who got the lot wrong.
Posted by madconsumer on 2012-10-26:
i agree with CUontheFlipSide. sounds like the person requesting the lien used the wrong address.
Posted by info352 on 2013-01-01:
I keep wondering why people still do business with the "too big to fail" banks which have proved over and over to use questionable practices.
Get an account with a local bank or a credit union already!
(this is not for the original poster who has nothing to do with BoA)
Get an account with a local bank or a credit union already!
(this is not for the original poster who has nothing to do with BoA)
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