Welcome to The Home Equity Theft Reporter, a blog dedicated to informing the consumer public and the legal profession about Home Equity Theft issues. This blog will consist of information describing the various forms of Home Equity Theft and links to news reports & other informational sources from throughout the country about the victims of Home Equity Theft and what government authorities and others are doing about it.
Saturday, May 14, 2016
Another Boise-Area Mobile Home Park To Shut Down, Leaving Nearly 100 Low-Income Residents Facing The Boot; New Landowner Offers No Reasons For Closure, Gives Only Six Months' Notice To Pack Up & Leave; Many Elderly, Social Security-Dependent Locals Own Trailers Too Old & Expensive To Move To Other Locations
In Nampa, Idaho, KTVB-TV Channel 7 reports:
Nearly 100 people in Nampa will soon be without a place to live. This comes after the owner of the Karcher Village Mobile Home Park surprised residents there with eviction notices Monday night.
This is the second trailer park in Nampa to close in as many months.
Residents of the Rushmore Mobile Home Park just up the road were told last month that they'd have to leave as soon as the failing septic system gave out.(1)
At Karcher Village there are no health concerns to speak of, but still residents have been told they need to go.
"It's home. I've lived here most of my life. It's home," said Linda Monosso. Linda Monosso has lived here at the Karcher Village Mobile Home Park for 42 years. “It's within walking distance of my pharmacy and my bank," she said.
Monday night, Linda and the nearly 100 other residents were served eviction notices.
In a letter from his attorney, the owner of the park gave no reason as to why he is closing the park. The residents were simply told they have six months to remove their trailers.
‘We just can't do it. Where are we gonna put the trailer? Even if we could afford to move it,” said Cat McPherren.
Cat McPherren grew up at Karcher Village and now lives here with her mother Linda Monosso. She says many of the residents here are elderly and live off of Social Security.
To make matters worse, their trailers are too old for other parks to take them in. “We just have no options,” said McPherren.
The park's owner told residents that if they leave their trailers behind, they will be billed for the removal - another expense for folks who are already living on a shoestring.
“Where are we gonna get money to move the trailer? Where are we gonna get money to pay rent that's higher than we can afford? If I have to, I'll pitch a tent down by the river,” said Everett Reed.
For the woman who has lived here since 1974, Linda Monosso never thought she'd have to pay to start a new life somewhere else. “The only thing I could think to possibly do would be to use my burial money,” she said.
We did reach out to Joshua Taylor, the attorney for the owner of this mobile home park to ask him what led to the decision to close it down. Our calls were not returned.
City officials told KTVB this was the first they had heard about the closing.
As it stands now, the residents have to be out by Halloween.
CBC News: Betrayal of Trust (A CBC investigation reveals how lawyers across Canada have misappropriated and mishandled clients money, to the tune of tens of millions of dollars, or sometimes even charging vulnerable people top dollar for shoddy services)
Land Contract/Contract For Deed/Rent-To-Own Rackets
The New York Times: The Housing Trap (In the wake of the housing crisis, low-income families have turned to seller financing to buy homes but these deals can be a money trap)
Beware The Fine Print: Consumers Forced To Sign Away Their Rights To Use Court System
The NY Times: Arbitration Everywhere, Stacking the Deck of Justice(Part 1 in series examining how clauses buried in tens of millions of contracts have deprived Americans of one of their most fundamental constitutional rights: their day in court)
Foreclosure Mills' Abysmal Record In Complying With New NYS Foreclosure Requirements
Justice Deceived: How Large Foreclosure Firms Subvert State Regulations Protecting Homeowners
MFY Legal Services Report On Questionable Practices By Process Servers In Debt Collection Cases
Justice Disserved: A Preliminary Analysis of the Exceptionally
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Mortgage Mess Redux: Robo-Signers Return (A Reuters investigation finds that many banks are still employing the controversial foreclosure practices that sparked a major outcry last year)
CNN Video: As Foreclosures Mount, Florida Court Turns To 'Rocket Docket'
The Wall Street Journal: A Florida Court's 'Rocket Docket' Blasts Through Foreclosure Cases (2 Questions, 15 Seconds, 45 Days to Get Out; 'What's to Talk About?' Says a Judge)
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