Squatting in Style: 23-Year-Old Occupies Foreclosed $2.5 Million Boca FL Home
“We’re all going crazy, trying to figure out what to do,” she said. “It’s unbelievable that it can be done. Plus, if they’ve got the balls to break in the house, what’s to prevent them from coming over here?”
Squatting in style: 23-year-old occupies empty $2.5 million Boca home
The 23-year-old has moved into an empty $2.5 million mansion in a posh Boca Raton neighborhood, using an obscure Florida real estate law to stake his claim on the foreclosed waterside property.
The police can’t move him. No one saw him breaking into the 5-bedroom house, so it’s a civil matter. And representatives for the real owner, Bank of America, said they are aware of the situation and are following a legal process.
But the situation is driving his wealthy neighbors crazy.
“This is a very upsetting thing,” said next door neighbor Lyn Houston. “Last week, I went to the Bank of America and asked to see the person in charge of mortgages. I told them, ‘I am prepared to buy this house.’ They haven’t even called me back.”
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