Adding Insult to Injury: Fined For Not Cutting the Grass on Foreclosed Home | |
| Anonymous Coward User ID: 714023 03/04/2012 05:18 PM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 11919767 03/04/2012 05:30 PM Report Abusive Post Report Copyright Violation | Actually it is the City's that are getting their steaks on the property. That is why the Bank do not normally foreclose on Condos, they do not want to pay or be liable for the maintenance fees. You will see the City's and Banks going head to head on this one. |
| Anonymous Coward User ID: 1583926 03/05/2012 09:17 AM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 11495240 03/05/2012 09:23 AM Report Abusive Post Report Copyright Violation | Actually it is the City's that are getting their steaks on the property. That is why the Bank do not normally foreclose on Condos, they do not want to pay or be liable for the maintenance fees. You will see the City's and Banks going head to head on this one. Quoting: Anonymous Coward 11919767 and then what when the banks do not pay ? not a fucking thing will happen to the senior managment and boards of directors |
| Midnite_rider User ID: 1580435 03/05/2012 09:28 AM ![]() Report Abusive Post Report Copyright Violation | Just another way for government, albeit a local one (they are greedy too) to squeeze money from population. I'd like to agree with you, but then we would both be wrong. To get ahead in life, you have to learn to saddle your own horse. |
| Anonymous Coward User ID: 2187295 03/05/2012 09:29 AM Report Abusive Post Report Copyright Violation | |
| tiger1 User ID: 6269153 03/05/2012 10:35 AM ![]() Report Abusive Post Report Copyright Violation | This is not unusual. The banks and mortgage companies refuse to pay the fines levied by the communities, and the former owners or the new owners of the foreclosed properties get stuck with them. This similar thing happened to my middle daughter and her husband. They bought a forclosed home at the tax sale. There were several liens on it, unknown to them, until they went to get a permit to do the plumbing. Their lawyer did not find the leins when she did the title search, we think they were slapped on, AFTER my daughter bought the house, even though the leins were supposedly from 4 years prior to her buying the house. Most of the leins were bogus, and we proved it. She managed to get all of them removed, except for one. One of the leins was mysteriously attached as an additional charge to the property taxes. That lein was also not evident until after she got the title to the house. When she showed proof of the property taxes being paid, the city removed that last lein.My daughter had a lawyer do all the paperwork, title search, etc. All bases were covered. Like I said, NOTHING showed up until my daughter bought the house and got the supposedly clear title. Most of the foreclosed homes in any given state, are owned by a mortgage company in another state. There is no way the cities are going after an out of state mortgage company, as the cost to pursue them is too high. So, instead, they go after the easy targets, the former homeowner, or the new owners of the house. |
| Anonymous Coward User ID: 1515928 03/05/2012 10:59 AM Report Abusive Post Report Copyright Violation | If he had a mortgage on the home, *he did not own it*. That is why the bank has the title, because they go out and buy the house and sell it to you for 3-4 times what they just paid for it. Until that last payment, the bank owns the house. Get a lawyer and go for the jugular, my friend. |