National City Bank is refusing to sell a foreclosed property back to
the Queens couple who owned it, the Daily News reported. Eric Claborn
and Dorothea Moore bought their home in Jamaica in 2005
and took out two mortgages totaling $550,000. But the home eventually
went into foreclosure in 2006 and was bought by the bank in 2007. The couple has been fighting since 2008 to get it back, even matching
the bank’s asking price of $400,000, which was $50,000 above their
initial offer. PNC Bank, which recently acquired National City,
declined to comment to the Daily News about why it would not sell the home back. Claborn
and Moore are now going through eviction proceedings in Housing Court,
but they are still trying to buy the house. [Daily News]
