Another foreclosure sale canceled 

Article Courtesy of The Sun Sentinel

By Harriet Johnson Brackey

Published October 30, 2010

Another wrongful foreclosure is undone. The foreclosure sale has been cancelled for a Fort Lauderdale homeowner who bought his house for cash and never had a mortgage.

Bank of America revealed that a Broward court order has vacated the sale of Jason Grodensky's house.

Grodensky was the subject of a Sun Sentinel article last month.

Bank of America spokeswoman Jumana Bauwens admitted the foreclosure sale was an error and said it would reverse the sale at its own expense.

Grodensky says he's not planning to go back to court to file a lawsuit against the lender to seek compensation for his four-month ordeal.

"I hadn't planned on it," he said. "I'm not out to get anybody. I just want to get it fixed."

Grodensky bought the house for cash last December in a short sale. The previous owner Aaron Schulman was in foreclosure. Grodensky said he had no idea that the foreclosure process did not stop at that point.

Seven months later, in July, Grodensky learned that the title to his house had been transferred to the government-owned lender Federal National Mortgage Association or Fannie Mae. That's when he discovered that his house had been sold at a foreclosure auction.

He spent hours on the phone and searching on the Internet trying to figure out what happened but said his questions to Bank of America and to the law firm Florida Default Law Group that handled the foreclosure were never answered.

Bauwens said there was a miscommunication between Bank of America and its attorney.

Grodensky filed a claim with his title insurance company and was working with that firm to try to resolve the issue. He hasn't yet been notified by the title insurer or Bank of America that the sale was vacated on Monday. But the court order has been filed in Broward County court records.

"I'm happy it's over but I am not holding my breath about it," he said. "I'm waiting to see if I actually get contacted."

Grodensky bought the house as an investment with his father. His brother lives there as his tenant.?


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