Posted by greg1959 on August 07, 2012 at 17:48:56 from (69.176.13.178):
In Reply to: Another scam? posted by LOU from Wi. on August 07, 2012 at 16:25:32:
How about this one?
I bought my land, that was it, vacant land. I built a house, barns and put in a trailer park on my dime. Mortage Company calls me and says 'We understand you have dwellings and buildings on the property but we have no proof of insurance'. I told them that I did not have to provide "proof of insurance" to them on the buildings and dwellings because to loan was for the land. They threatened to foreclose if I did not provide POI. I told them to shove it.
Finally, had to go all the way to the VP before I could get someone to understand that the loan was for the land only, not the buildings or dwellings.
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