Help,
I live by a couple properties that I’m pretty sure WAMU has the first mortgages on and they are both abandoned. I don’t know why but WAMU doesn’t do anything; no foreclosure, nothing. I got ahold of someone from WAMU eight months ago and we talked briefly about a deal, and then they said they were going to foreclose - but have done nothing. On the other property, WAMU started to forclose 2 years ago, then withdrew the complaint one month later and has done nothing since.
Does anyone know:
- Why they would just sit on these for years?
- Will WAMU sell an assignment of the loans so I can foreclose? Is this a form of short sale?
- Who can I contact at WAMU to initiate this. My other contact refuses to respond to any of my calls or emails.
thanks for your help!