Skip to comments.America's Dumbest Bank: Repos Wrong House, Destroys Contents, Then Refuses To Pay Owner's Losses
Posted on 07/30/2013 9:10:03 PM PDT by grundle
Katie Barnett, a 36 year old nurse from McArthur, Ohio, made the mistake of taking her family on a two week trip last month, never realizing when they left home that they would return to find the family residence ransacked, emptied and, for good measure, the locks to the doors changed.
Apparently, The First National Bank in Wellston, Ohio had set their sights on repossessing a home whose owner had fallen behind on the mortgage payments. That home was located on the Barnetts street at number 509a number clearly marked on the mailbox that sits out front of the house. However, when the bank sent Moe, Curley and Larry to take possession and empty out the contents of the foreclosed home, they somehow ended up at a property situated across-the-street and two houses up from the target; a home where the mailbox out in front is clearly marked 514.
It turns out, all Ms. Barnett wanted was $18,000a sum that included $9,000 worth of car engines and parts along with the loss of furniture, clothing, etc. which Barnett estimated to be the amount required to replace what the bank had taken or destroyed.
Yet, the bank presidentthat would be Mr. Thorne who clearly has firm and absolute control of his board of directors considering that he appears to still have his job todaythought that Ms. Barnett was asking for too much money.
(Excerpt) Read more at forbes.com ...
GPS Units can be very accurate as long as you aren’t close to obstructions like Trees and houses... -_-
Rather than a "company", my money's on a dumpster and two Mexicans led by the bank VP.
that would be a worse-than-hick operation. well we shall see, and let us pray for truth to supersede falsehood here.
No matter, there are multiple resources. Google Maps rarely if ever gets an address so badly wrong that it’s not on the correct side of the street — and you can print the map out. The GPS itself doubtless comes with a disclaimer that it will get any address accurate. Many municipalities require house numbers to be stenciled on the curb so that emergency responders don’t have to waste a lot of time locating the home or building at an address. Bank records will contain detailed description of the home and probably photos. Any conflict shedding doubt on the identity of the property should mean to shut the operation down. This isn’t even a SWAT operation where haste makes unavoidable error at times.
Someone will get so sued.
If the bank balked at an $18,000 pay out, I find it hard to believe they would invest in the cost of having a legitimate outfit do the work.
But, Hey!...whaddo I know.
The homeowner said that one of the most expensive items she lost was a Bowflex home gym.
And then they called me saying they found a Bowflex on the side of the road if I wanted it. I said no. You know my Bowflex was a Bowflex Ultimate. We paid, like, $2,300 for it; had all the attachments and the feet pieces and stuff. You know I said no, I want it replaced. I dont want you know trash found on the side of the road, Barnett said.
The bank insists that it acted in good faith.
“No matter, there are multiple resources. Google Maps rarely if ever gets an address so badly wrong that its not on the correct side of the street and you can print the map out.”
There seem to be a fair number of these incidents that get blamed on GPS. None of these systems are always accurate and are no substitute for common sense. In most cases an error is not a big deal but when it comes to a SWAT team raiding a home or a home demolition, I would hope that multiple confirmations would be used.
They might be internally already in the hole. Who knows. Wonder if bank auditors in Fedville, still care.
She needs to sue the bank, get a judgement and repossess the bank itself if they still do not pay.
Here is a story about a man in FLA that did just that.
She should show as much mercy as the bank president did.
Yes, weird things happen with GPS. One time I had it take me the wrong street and the wrong address. Both of those were pretty obvious. I looked at the street sign and I looked at the house address. Wrong place.
But it still remains a fact that the guys typed in the address and the GPS took them to a house.
All they had to do was to look at the address on the house to see if it matched the address they wanted.
Can’t blame the GPS if they don’t look at the address on the house.
“Cant blame the GPS if they dont look at the address on the house.”
I remember when GPS was becoming popular and people would drive into a lake because the GPS told them to.
Yeah, I was going along a road and all of a sudden there was a railroad embankment. Dead end. I didn’t see a sign, or I ignored it since the GPS mappers could do no wrong. I thought.
If I were her the minute I heard something that outrageous out of the banks mouth I’d immediately stop all attempts to negotiate a fair deal and go immediately into scorched earth mode... That comment will play REALLY WELL with a jury.
She’s about to learn them real good. In civil court she will be awarded replacement costs ,, she needs to get lawyered up and get this on-track for much more.
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