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.
Friday, February 10, 2017
Squatters Commandeer Vacated House; Desperate Homeowner Needing To Sell Home To Pay For Husband's Kidney Surgery Finds Herself In A Jam, Offering Unwanted Occupants $1,000 To Stop Destroying Premises, Take A Hike, Facilitate Sale
In Las Vegas, Nevada, KTNV-TV Channel 13 reports:
Debbie Marks needs to sell her house so she can pay for her husband’s kidney surgery. But she can’t.
That’s because squatters have moved in. And now she has made a desperate offer as she fights to get her home back.
She tried to offer the intruders $1,000 just so she get back her own home. It's an offer she hopes they won't refuse.
"I'm offering you $1,000 to leave my house," Marks says. Marks moved out of the house on Burnham Avenue last June. Squatters moved in to her home early last month.
"Anybody could just break in your house and take over your memories," says Marks.
She filed a complaint against a woman named Betina Merkson on Jan. 15, then an eviction notice on Jan. 25.
But Marks told 13 Action News they filed their own legal action to stay.
“This is a travesty that this could be going on in the United States of America," she says.
Marks decided to take matters into her own hands and went to the house herself. Cardboard now covers a broken front window, a blanket hangs from the frame of what used to be her son's bedroom and old clothes and blankets are piled up on top of furniture.
"They destroyed my house! They destroyed my little house! Oh my god!" she cries.
Marks wants to sell her home so she can raise $20,000 to help cover costs around her husband's kidney surgery. But she worries: who will buy a house with squatters inside?
“I don't think I'm going to come back because I fear for my life," she asks.
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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