Tuesday, March 4, 2008

Squatters in their $3million Florida homes

Foreclosure-proof Homeowners

" I have followed several of the homes that my wife and I were interested in a few years back, they are all on the market now. What is shocking, that in each and every case, I have been told by brokers and banks that the owners, have ceased paying their mortgages in some cases for nearly 2 years and have continued to occupy these homes."

Posted by happyrenterz @ 09:18 PM (402 views)
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One thought on “Squatters in their $3million Florida homes

  • European-bear says:

    I love this comment….

    “CNBC’s Fast Money has covered the saga of one Joe Lents, who hasn’t made a payment since 2002 on his $1.5 mortgage. Everytime someone comes to evict him, he asks them to prove who owns the note, and due to the slicing and dicing Wall St. has done in recent years, no one is able to produce the document.”

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