Bank error costs St. Petersburg man thousands in foreclosure auction gone wrong

Better Call Behnken

ST. PETERSBURG, Fla. (WFLA) – With a few clicks of the mouse, Ron McClemore bought a gorgeous, waterfront townhouse on Coquina Key.

He paid $204,000 through a foreclosure auction on the Pinellas County Clerk of Court’s website. Then came the bad news.

He had actually purchased a different property, and he overpaid. 

It turns out, the bank listed the address in error on the county website.

Bank of America agreed to refund McClemore his purchase price, but refused to reimburse him for the $3,009 in fees he paid to the clerk to process the wrong deal.

“The clerk earned the fee so the clerk should get the fee, but I shouldn’t be the one to pay it because they reversed the sale, the property is theirs again,” McClemore said. 

A representative with Bank of America sent Better Call Behnken a statement. saying, “While the address was incorrect on the auction listing page, all information related to the property was accurate including the legal description.”

In other words, the bank says he should have caught it.

McClemore disagrees. 

“If I have to hire an attorney to go to the website to buy a piece of property, then I think there’s something wrong with the system. They have the responsibility to list the property correctly,” he said. 

He hired a lawyer to help recover his funds and shelled out another $1,800, but efforts were not successful.

In the end, he paid thousands of dollars for nothing and says he’ll never buy property online again. 

A bank representative sent a statement that says, “The data report that was included in the auction listing had the correct address. We understood that Mr. McLemore was concerned about his purchase so we agreed to voluntarily rescind the sale.  At the rescission hearing, all parties acknowledged that Mr. McLemore was not entitled to the clerk costs and the agreed order was signed by all parties.”

Copyright 2020 Nexstar Broadcasting, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

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