Homeowner Barely Dodges Foreclosure Sale As Chase Fails To Remove Residence With Recently-Approved/Modified Mortgage Loan From Auction List

In Redwood City, California, The Daily Journal reports:

• Redwood City resident Gloria Takla’s Easter Sunday turned sour when she got a call saying her home would be sold in an auction Monday. So, she spent all morning Monday, before the 1 p.m. auction time, on the phone with bank officials trying to figure out why the home would be sold considering JP Morgan Chase Bank just approved a trial modification on her $585,000 loan last month.

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• “We’ve been in constant contact with her,” said Eileen Leveckis, spokeswoman for JPMorgan Chase. “We worked out a good deal for her.” The confusion about the sale of her home was because the trial loan modification was approved after the list of foreclosed properties that will be put up for auction was made, Leveckis said. The disconnect “had nothing to do with Chase,” Leveckis said.



• Takla had real estate brokers knocking on her door before yesterday’s auction asking to see the property. “How can I stop people from coming over and asking to see my property?” she asked Jaime Gonzalez, a real estate broker with Re/Max in Redwood City. Gonzalez had a foreclosure profile report in his hand when he visited Takla’s C Street home early yesterday afternoon. He wanted to see if the home would be worth making a bid on.



• The visit did not sit well with Takla, an artist by trade. “This has been two years of stress,” she said.

For more, see Home mistakenly put on auction list.