Ocwen Mortgage Complaint

Conventional fixed mortgage Settlement process and costs

Ocwen Mortgage department,

Conventional fixed mortgage Settlement process and costs Georgia

The above property was built by - - in - in - - - - sale was transacted in - - then re-sold to a - owner in - -. After 6 years, sink-holes appeared around the property causing the owner to vacate and foreclosure commenced in - -. I unknowingly transacted the - sale of said property in - -. The property was appraised and inspected by - - - and there were no sightings of sink-holes. 7 years later in -, I have encountered the sink-holes appearance at the sides and rear of the property. Listing agent : - - - -, -, Seller : US Bank, National Association as trustee for - Corp, Seller 's Agent : - - failed to disclose this problem before the property was sold. They were the companies involved in listing and preparing property for resale. My neighbor next door, - -, - of the first residents to occupy a home in the sub-division, witnessed the dumping of trash on my property during construction and also saw large openings around the perimeter during the residency of the - owner.


I understand that my property was sold as-is, however, the seller had knowledge that the property was built on a trash pit and hid this fact by filling the holes and cover with sod. This pertinent information was withheld from the buyer. The seller of the property should be liable for the repair cost which should have been his/her expense in the first place and as such, the buyer was deceived. There is an - horizontal hollowness below the slap, the right rear of the building is presently - '' lower and the left rear is - '' lower from the original dimensions ( re-measured on -/-/- ). Kitchen tiles are cracked, kitchen counters are off balance and using the back door is hazardous because one may step out into a sink-hole. Being built on inferior soil has caused the rear right corner of the building to be supported by air ; piers were omitted during construction so gravity is in process on the structure. Decomposing waste is buried under my home! It is affecting the structure and contaminating my health! What I was sold is equivalent to a house built on quick sand and I would not have knowingly purchased a house built on quick sand neither on a trash pit. I am a retiree living on fixed income and this expense will cause an increase in my debt. This is unfair business practice therefore I need to be reimbursed for the cost of repairs to stabilize this property. I kindly appreciate your help.

Ocwen customer in Georgia
May 21, 2016

* Source: CFPB Complaint Database

Ocwen response to complaint:
Closed with explanation

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Contact Ocwen

http://www.ocwen.com/
(561) 682-8000
http://www.ocwen.com/contact-us-business-developme
1661 Worthington Rd Ste 100
West Palm Beach FL 33409
Ocwen
Ocwen

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