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| Breaking Foreclosure News This is the latest in breaking foreclosure news hitting the internet and I think you should read it. Some of the news is helpful and some is quite disturbing. You'll find good news and bad news. But all of it's reality and we all need to face it! Please feel free to post any stories and news in this section in regards to your local market. |
This is a discussion on Scheme gives distressed properties to squatters within the Breaking Foreclosure News forums, part of the Homeowner Party - Homeowners Unite to Fight Back category; This is very disturbing: Scheme gives distressed properties to squatters Authorities aren't buying bogus grant deeds; arrest made Law enforcement ...
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| Member Join Date: Sep 2008
Posts: 9
Nominated 0 Times in 0 Posts TOTW/F/M Award(s): 0 | Scheme gives distressed properties to squatters This is very disturbing: Scheme gives distressed properties to squatters The perpetrators then move people into the vacant homes, in some cases, by hiring a locksmith to change the locks. In one instance, a woman who tried to move into her newly purchased home of more than $800,000 in Chula Vista found a bogus grant deed taped to the window and squatters wrecking the inside. Yesterday, the San Diego County District Attorney's Office arrested Maurice Simmons, 31, who has filed at least six deeds transferring homes to the Sovereign Solomon Brothers corporation. Simmons was booked into jail on six felony counts of filing a false document. In Riverside County, investigator Jim Larsh of the District Attorney's Office confirmed that his office is looking into the Sovereign Solomon Brothers and directed the arrest last week of Gwendolyn Johnson, who was charged with filing false documents and residential burglary. County records show at least six deeds in Riverside County have been transferred to Sovereign Solomon Brothers since September. I found this story here: Scheme gives distressed properties to squatters | The San Diego Union-Tribune |
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| Senior Member Join Date: Jan 2009
Posts: 46
Nominated 0 Times in 0 Posts TOTW/F/M Award(s): 0 | Re: Scheme gives distressed properties to squatters WOW!! Well it's about time people suffer serious punishment for taking advantage of someone else's suffering. It's bad enough someone lost their home. Now someone who hasn't poured blood, sweat, and tears into a property gets to profit from it? No, I don't think so. |
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