Winning Bidders At Foreclosed Home Auction Invest Time, Money Into Fix-Up Only To Then Find Out They Bought Wrong Property
On July 14, they moved all of their belongings from their hotel room to the home and continued fixing up the place.
“I had people pull up in the front yard telling me ‘You’re doing such a good job,’ ” Benjamin Spence said. “They told me that it was such an eyesore before and to keep up the good work.”
Last Tuesday, the couple was at home when a city inspector and Spartanburg Public Safety Department officers came knocking on their front door.
The inspector told them that the property’s owner wanted them out of the house, and they had two weeks to vacate.
“We were like ‘what?’ ” Railynn Spence said. “We said, ‘We’re the owners. We bought it out of an FLC sale.’ ”
The Spences said they went up to the county’s Delinquent Tax Office. There, an official showed them that the parcel number for the home at 777 Hayne St. ended in the digits 156.00, and paperwork showed that the Spences had made their bid on a parcel ending in 157.00, which was the empty lot.
Full article here…
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The Lenoir Law Firm in New York City is at the forefront of this type of litigation. Please refer to this company and others that specialize in quiet title and adverse possession real property actions law.
The BIG problem is many of us are in homes that have been sold many times without our knowing it.
WE don’t know who we really owe. We all need to get back to basics and not pay anyone that cannot show us they are the one we owe. This is very basic law.
Check with your courthouse and see who is recorded as the note holder on your home. Chances are no one is but you.
Don’t pay anyone until you get the right one with the wet ink note or you will be sorry down the road if someone other than the one you are paying comes up with the wet ink note and you have been paying the wrong company.
Try to get your money back from the wrong company? Sure you will !!!!
The FED OWES THE TRUST OF THE PEOPLES MONEY….THE U.S. TREASURY GAZILLIONS…THE AMERICAN PEOPLE ARE WHO IS OWED GAZILLIONS…NOT THE FED…THEY AND THEIR INVESTORS GOT PAID WELL…THEY WERE ALL INSURED ON THEIR RISK…THE FED GOT PAID EXPONENTIALLY FOR COMMITTING FRAUD IN OUR NAMES.
Always check with the Title Companies. Seldom mentioned, but the real thorn in the banks and mortgage companies side.
The title companies are the trustees for OUR property. They did not uphold their fiduciary duties.
@see says,
I agree with you 100%. I’m in the beginning process of looking at home and vowed never to even bother about looking at a foeclosed home. My family fell victim and I decided to do some investigating in the paperwork and was it defective and had fraud written all over it and still fighting until GOD says it’s over. People need to stop looking at how cheap they’re getting the house for but to look further into the paperwork regarding the house. There’s no room for ignorance because fraudulent foreclosures are not hidden and vastly advertised. People, do your homework if you fell you must buy a foreclosed home. Better yet as see says said DON NOT BUY FORECLOSED HOMES PERIOD!!!!! And SHORT SALES either.
Lesson number one do not buy foreclosed homes. PERIOD!!!! Found it funny that the article had to mentioned that these people lived in a home rent free for more than a month. Oh the horror.
Wow this is terribile.Feel sorry for these people.This should teach us all about auction blocks,if you don’t know what you’re doing stay far,far away.