Saturday, June 19, 2010

Foreclosure Purchaser Intimidated Renter's Minor Children, Driving Tenants From Home, Says Suit Seeking $1M+ In Damages On Behalf Of F'closed Landlord

In Rockville, Maryland, Courthouse News Service reports:
  • A couple who lost their rental home to foreclosure claim the buyers sent men to the house the next day to force their way in, demand the keys from the tenants' children, who were home alone, and tell the kids to leave, or they would "break the door and change the locks. We will throw all your stuff out."

  • Alexander Portillo and his wife say David Loring and Jason Greenwald, of Residential Value, intimidated their tenants so badly that the family vacated the property that night, though the defendants "never acquired lawful deed holders status" for the house.(1)

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  • When the parents returned home, they took the children and immediately vacated, costing the Portillos 6 months in rent, they say. The Portillos sued Loring, Greenwald and Residential Value for trespassing, interference with contract, conspiracy and loss of consortium. They seek $9,900 in compensatory damages for the first three counts, $50,000 in compensatory damages for loss of consortium, and $250,000 in punitive damages for each count. The Portillos are represented by Jonathan Ai.

For more, see Foreclosure Nightmare Alleged in Maryland.

For the lawsuit, see Portillo v. Loring, et al.

(1) As I read the lawsuit, while the foreclosure purchaser may have been the winning bidder, he never completed the transaction, which would have resulted in a forfeiture of any deposit paid with the winning bid, and would have left the landlord in foreclosure as the continuing title owner of the home until another foreclosure sale could be scheduled and conducted.