“The house’s murky ownership is furthered complicated by a deed recorded with the clerk of court in March 2012 by a partnership, Prescott Rosche, indicating Echauri sold the house to the group. Echauri said his signature on the deed is forged. A spokeswoman for Chase, which paid the 2012 tax bill for $20,460.15, said Wednesday that bank records indicate Echauri is still the property owner. A foreclosure action has been started, she said, but has yet to conclude.”
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Police are investigating possible fraud in squatters’ case in Coral Gables
Police are investigating whether a family allegedly squatting in a million-dollar Coral Gables house forged a lease they turned over to city officials Wednesday.
Meanwhile, the owners of the rambling four-bedroom house at 601 Sunset Dr. face a $500-a-day fine unless they secure the house and properly register the vacant house, said Craig Leen, the attorney for the city of Coral Gables.
Since September, when police were called to the house by a tenant renting a room, city officials have suspected the family was squatting in the house. The house had been empty and in the midst of a foreclosure after the owners divorced five years ago. Owner Damian Echauri said his wife was given the majority of the house in a settlement and was supposed to sell it, but when she couldn’t, she stopped paying the mortgage.
Rest here…
And it’s only going to get worse…
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I left a few relevant comments at the story link ,, 4 “banks” claim ownership … I predict the city will impose the threatened fines and the banks will let the city have the property as nobody will want it with hundreds of thousands in liens attached… but it’ll take YEARS.
Love IT ,, banksters LOSE
LOL OMG