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  • August 12, 2009 at 5:59 AM #16176
    mydogsarelazy
    Participant

    Hi Piggs,

    Here in my neighborhood in Murrieta we have squatters. On a nearby street a family moved out 20 months ago and told some relatives they could use the house until the bank took it over. Now, more than a year and a half later they are still there and the bank hasn’t lifted a finger.

    On our street speculators are in default on a nearby house, but they continue to rent it out. I wonder how long that will go on.

    These are some of the unintended consequences of foreclosure moratoriums and the hesitation by banks to foreclose. We would like to see these homes sold and owner occupied, but it may be a long time until that happens.

    JS

    August 12, 2009 at 9:33 AM #443857
    UCGal
    Participant

    It’s not the renters fault in the second house. They are (presumeably) paying the rent and the owner is the one not paying the bills.

    In both cases the residents of the homes have permission to be in the homes.

    Should the bank forclose on both properties. Probably. Is it the renters fault, especially if they’ve been paying their rent. No.

    Be angry at the owners and the banks. Don’t accuse renters of being squatters.

    August 12, 2009 at 9:33 AM #444052
    UCGal
    Participant

    It’s not the renters fault in the second house. They are (presumeably) paying the rent and the owner is the one not paying the bills.

    In both cases the residents of the homes have permission to be in the homes.

    Should the bank forclose on both properties. Probably. Is it the renters fault, especially if they’ve been paying their rent. No.

    Be angry at the owners and the banks. Don’t accuse renters of being squatters.

    August 12, 2009 at 9:33 AM #444389
    UCGal
    Participant

    It’s not the renters fault in the second house. They are (presumeably) paying the rent and the owner is the one not paying the bills.

    In both cases the residents of the homes have permission to be in the homes.

    Should the bank forclose on both properties. Probably. Is it the renters fault, especially if they’ve been paying their rent. No.

    Be angry at the owners and the banks. Don’t accuse renters of being squatters.

    August 12, 2009 at 9:33 AM #444458
    UCGal
    Participant

    It’s not the renters fault in the second house. They are (presumeably) paying the rent and the owner is the one not paying the bills.

    In both cases the residents of the homes have permission to be in the homes.

    Should the bank forclose on both properties. Probably. Is it the renters fault, especially if they’ve been paying their rent. No.

    Be angry at the owners and the banks. Don’t accuse renters of being squatters.

    August 12, 2009 at 9:33 AM #444637
    UCGal
    Participant

    It’s not the renters fault in the second house. They are (presumeably) paying the rent and the owner is the one not paying the bills.

    In both cases the residents of the homes have permission to be in the homes.

    Should the bank forclose on both properties. Probably. Is it the renters fault, especially if they’ve been paying their rent. No.

    Be angry at the owners and the banks. Don’t accuse renters of being squatters.

    August 12, 2009 at 9:35 AM #443862
    Arraya
    Participant

    With the current economic climate and the amount of empty housing, squatting will be an increasing trend.

    August 12, 2009 at 9:35 AM #444057
    Arraya
    Participant

    With the current economic climate and the amount of empty housing, squatting will be an increasing trend.

    August 12, 2009 at 9:35 AM #444394
    Arraya
    Participant

    With the current economic climate and the amount of empty housing, squatting will be an increasing trend.

    August 12, 2009 at 9:35 AM #444463
    Arraya
    Participant

    With the current economic climate and the amount of empty housing, squatting will be an increasing trend.

    August 12, 2009 at 9:35 AM #444642
    Arraya
    Participant

    With the current economic climate and the amount of empty housing, squatting will be an increasing trend.

    August 12, 2009 at 12:30 PM #443938
    AK
    Participant

    Given lenders’ obvious preference for all-cash offers … those houses may get sold, but they may not get owner occupied.

    August 12, 2009 at 12:30 PM #444132
    AK
    Participant

    Given lenders’ obvious preference for all-cash offers … those houses may get sold, but they may not get owner occupied.

    August 12, 2009 at 12:30 PM #444470
    AK
    Participant

    Given lenders’ obvious preference for all-cash offers … those houses may get sold, but they may not get owner occupied.

    August 12, 2009 at 12:30 PM #444538
    AK
    Participant

    Given lenders’ obvious preference for all-cash offers … those houses may get sold, but they may not get owner occupied.

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