I have one last thing to fix on just one report and I will be mortgage ready. Unfortunately, I am unable to pay it - and not because I don't have the funds.
In 2009 I came back from Iraq and was unable to return to my former job. While waiting for VA to make a determination on my disability case, my family was just scraping by so many things weren't paid. One of those was a timeshare with Worldmark. The original balance was almost $11,000 and in 2009 it was $7777 (at least that was what was last reported to Equifax in late 2009).
Thursday I met with a LO to see where I am and she said the only thing holding me back is that past due balance.
I don't know what the current balance is since they "repossessed" the timeshare and there should be a credit for that and 4 years of interest on the remaining balance. So, on Monday I called Worldmark to find out what I need to do to settle the account and I was told that I can't pay them because they cancelled the loan (their words). They said I needed to call Pinnacle to handle my account. They transferred me to Pinnacle and they have nothing on their books at all. They searched by name, address, ssn, phone, and partial account number.
So - Worldmark has no sympathy (not that I blame them) and I have an account that I can't resolve. I did dispute the reported balance since Worldmark said the loan was cancelled. Now I wait.
The problem is there is a foreclosure that I want to put an offer on and I can't until this is resolved. There is already an offer on the table and the bank says I might have only two or three days until that offer is acted on. Grrr.
