I'm going down there and kicking his ass out of MY house.

[TalkingDog]

And let him or anybody else try to prove otherwise.


http://bigpicture.typepad.com/comments/2008/03/foreclosure-pro.html#comments

This article is about the millionaires who are living for free in lush beach-front houses they have over-borrowed for, won't pay back and won't move out of; because the forclosure cases are backed up on the docket for the next couple of years. And increasing daily.

The ownership of the notes are so shady that no one seems to be able to prove who holds the note or, indeed, who legally owns the house.

So if they can't prove he does or does not own it, how can they prove I do or do not own it?


Hey, all you DU-ers needing a cheap place to live: There's free beach-front property in Florida. Or if you don't want to travel that far, just look to your nearest, newest, most expensive gated community. Move on in. Invite me to your next cocktail weenie party.


Squatters UNITE! Viva la Revolution!!!!

[GreenPartyVoter]

1. LOL

[flvegan]

2. As for Florida, vested title isn't the issue, it's the Noteholder.

And I'm sorry, if the banks and MERS driven bullshit can't establish who owns/holds the Note, then fuck 'em. Get your Assignments and public records right like the law intended. I wouldn't let a creditor sue me, nor would I pay a creditor that couldn't prove up their claim on my debt.

[thunder rising]

4. In FL the deed (title) remains in the name of the owner. Creditor has a lien, not ownership.

[flvegan]

6. Which was my point.

The ownership isn't the issue, although that was suggested in the OP.

[Sarah Ibarruri]

3. Can you believe that shit? Some people are sleeping homeless on the street while

rich schmucks are living in luxury for free. Makes me :puke:

[rzemanfl]

5. Most of the foreclosures I have seen down here include an

action to "establish lost note" this has been going on for quite a while. How do they lose all those notes in a fucking bank?

[flvegan]

7. The referrals go to the foreclosure mills without any documentation.

When you're cranking out a few thousand f/c actions a month, you don't wait for the referring default lender to prove they own anything. You file the Complaint in the name that they tell you to, and you try to get appropriate Assignments.

[rzemanfl]

8. Many years ago, when I was a young lawyer, pleadings, at least

where I was,had to be signed under oath. Why that requirement was done away with never made any sense to me.