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ABBEY NATIONAL - SARN INFO

from too scared to say (Anderston828@ao.com)
I'm wading through the hundreds of pages the Abbey have sent me as a result of a SARN.

I've noticed that various computer generated printouts have fields where the response area is blacked out.

For example a page giving details of the Valuer, details a price for "Suggested Auction Reserve" but leaves areas like "Suggested Asking Price " blacked out as well as other info.

This document was created on 16 March 98 and states that the house was valued on 09 March 98 (days after it was reposessed). Is it usual for a Building Society to consider auctioning a house so early??

Also the Abbey have told me in a subsequent letter that they decided to put the house up for auction 15 weeks after reposession. They say they placed two ads in the first 8 weeks, with two prospective buyers viewing but not buying. Between weeks 8 and 15 they "marketed" it and having got no response they decided at week 15 to austion it. But an offer was received just before it went to auction. Am I reading too much in to this?

They say the "ads" no longer exist and that they cannot advise the dates of the 2 views.

The Abbey have also given me a copy of a report detailing 3 house sales they used as "comparibles" to estimate the price my house was likely to achieve. Now this I find strange as one of the houses they have quoted is actually my house address, and the date of the sale is a month after I bought it in 1991! I owned the house on the date they quote it was sold and I continued to own it until several years later!!

So do I assume this info has been "made Up" for my benefit??? Are they that stupid (or is it me??)

Any advice???

M

(posted 7915 days ago)

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