Joel Grover of KNBC-4 Reports that GMAC actually Foreclosed on home even though GMAC knew it had already been sold!

Every time a home in your neighborhood is foreclosed upon, the appraisal value of your home drops 1 percent!

Click here to read KNBC 4 Joel Grover's report on how far GMAC went to to override the sale of a person's home (Mark Kohn) and foreclose on the home seller even though the home had already been sold almost a month earlier!

Parallel Foreclosure strikes again.