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, December 24, 2016
Tenants In Central Florida Condo Complex Accuse HOA, Landlords Of Failing To Disclose Active Sinkholes Throughout Premises Prior To Signing Leases; One Ex-Renter On Having To Move Out: "I Feel Safer At Night Sleeping Knowing That I’m Not Going To Wake Up & My Front Door's Six Feet Above Me!"
In Tampa, Florida, WFTS-TV reports:
It's one of Floridians' worst nightmares... A sinkhole near your home.
But what if your landlord knew about it and didn't tell you before you signed a lease?
Several local renters say that’s exactly what happened to them.
“The floors started dipping. it was pretty bad because it was right where my kids' beds were,” said Keith Sanders, who rented in apartment at the Manhattan Palms Condominium in West Tampa.
“I worry a lot, because you don't know,” said Diana Frias, who also rents a unit at the complex.
The condo's property management company sent a letter to owners describing "confirmed active sinkholes throughout the property" that "have been determined to be affecting the entire property".
But records from the Hillsborough County Property Appraiser's Office show about 80 percent of the units are filled with renters, not owners.
“The landlord didn't tell nobody. Nobody knows nothing,” said Joshua Rosario, who rented a unit in the complex.
When we visited the complex came to talk to renters, the management company told us to leave and referred us to their law firm. We reached out to their attorney multiple times, but he didn't call us back.
The homeowner's association learned about the sinkholes more than five years ago. The HOA even filed a multimillion dollar lawsuit against its insurance company, which refused to pay all the estimated repair costs.
The renters we spoke to moved in after the lawsuit was filed. “That's something they should have told us before we moved in. I would have never signed the lease,” said Sanders. “I think they should put notices out,” said Rosario.
“Someone could get hurt. Someone could get killed if the sinkhole opened up,” said attorney Kirk Eason.
***
“I had to come up with money I didn't have, but I feel safer at night sleeping knowing that I’m not going to wake up and my front door's six feet above me,” said [the now ex-tenant] Rosario.
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
Low Appearance Rate by Defendants in Lawsuits Filed in the Civil Court of the City of New York
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)
"Produce The Note" Strategy When Dealing With Missing Promissory Notes In Foreclosure Actions
ABC Video: Fighting Against Foreclosure (Some homeowners have found a new tactic to keep the banks at bay)
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