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Broker not truthful

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Gail Davis

Junior Member
What is the name of your state? IL Last year I put in my name a home from someone that was in foreclosure in which that person has been paying the note for 12 months. We both was told by the broker that if she paid the note on time for 12 months then I can sell the house back to her. Now is the time to sell the house back to her but the broker who is with another mortgage company is telling me that they can't sell the house back to this person that they would have to refinace the loan and then do a quit claim deed. It was also told to me that I wouldn't have to go thought a credit check or pay any fees. What is going on with this. How is it that the broker can refinace without me signing any thing? Also the person who is to buy the house back can't get finace.

Thank you
 



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