Sunday, September 16, 2007

Oakland Woman Scammed Out Of $1,365 Security Deposit; Unwittingly Rented Home In Foreclosure - Now Faces Eviction

In Northern California, Inside Bay Area reports:
  • Tina Bryson was nine months pregnant when she leased an apartment in April on Congress Avenue in East Oakland. Little did she know the apartment she rented was in foreclosure. Two months after her baby was born, Bryson received an eviction notice from the lender taking over the building, telling her she had 30 days to move out. By then, her landlord — wth Bryson's $1,365 deposit in hand — were nowhere to be found. "This guy tells me that the house was in foreclosure before I rented it," a frightened Bryson said last month, balancing a pile of legal papers on one knee and a baby on the other. She is half-packed to move but does not know to where.

For more, see Mortgage crisis hurting tenants (Some renters illegally evicted from buildings in foreclosure).

For other stories on tenants unknowingly renting homes in foreclosure, go here, or here, or here. unwittingly equity skimming beta