A lot of people are facing foreclosure nightmares these days but imagine going through the ordeal when you don’t even have a mortgage.
That’s what happened to the Cardosos in New Bedford, Massachusetts.
Bank of America seized the couple’s rental home in Florida, evicted the tenants there, and locked it up.
The bank said the Cardosos were late on their mortgage.
But they don’t actually have a mortgage because they paid cash up front when they bought the property.
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