Please Help??? My case is a Promissory Estoppel/Detrimental Reliance Case. Here is the jists of my case: I have been unclear what kind of case I have, up until recently I found out it IS a Detrimental Reliance Case. Basically what it all boils down to is I was pre-qualified, then approved for a loan I never should have even made pre-qual status on, due to a 3 year cut off Lending Law/Rule for using child support as one of the sources of income. The lender never looked at my daughters age or child support obligations expiration before pre-qualifying & approving me, then a week prior to closing date she calls me to break the bad news, after I already sold my other home in Colorado to move to Austin to buy another home. At 1st we looked into being able to qualify for a second mortgage in order to keep my Colorado home as a rental, but the lender determined my income was not sufficient to support 2 mortgages, and suggested if I was set on moving to Austin I needed to sell my Colorado home to get their loan to purchase another home in Texas. After the lender pre-qualified me & said everything looked fine, one month later (March 2013) I listed my home & it sold immediately (closed April 9th 2013) & headed down here to Texas, found a Forclosure I bid on, won the bid, and began the processes of the purchase. This HUGE MISTAKE of them either not knowing the lending rules with child support as a source of income, or deceiving me, or whatever it is they messed me over with, has rendered my daughter & I homeless out of 2 homes now, our Colorado home & then now the one we were set to close on here. Now with the 3 year child support cut off rule I cannot even be approved for another home loan now unless I get a co-signer, my daughter was 2 weeks away from turning 16 when the loan got killed on 6/17/13. I was pre-qualed the end of Jan. of 2013, then approved May of 2013, it took them that long to discover my daughters child support obligations expiration! I notified them her child support would be extended for college, but that did not matter. We have been homeless now due to their HUGE MISTAKE since April 2013 when I was mislead to sell my Colorado home in order to buy a home in Austin. Not having a home/office has destroyed my source of income too , now I have nowhere to practice my profession as an Energy Healer out of, and office space is way too expensive. I am not clear who I sue for damages, the lending agent, the agency, or the VP, since he was last who promised a written resolution offer, which he failed to do. I have a wiretapped conversation of the VP admitting their Big Mistake:youtu.be/-SkslVmUs0w
Posted on: Wed, 14 Jan 2015 02:01:36 +0000
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