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Lakesrider · 07-04-2010, 01:39 PM

Ummm yeah. I am pretty sure he was jesting. I think his anger goes to show he is not "one of those".

I have felt the same way too. I know several people that play the system. On unemployment and never even look for a job. Get food stamps, welfare the whole deal and plenty able to work.
If the mortgage isn't paid, it goes into foreclosure. If the people are still living there and the bank allows this, which I am pretty sure they don't, then the bank is very highly liable for anything that happens there. If someone falls, gets hurt, dies on that property the bank is going to get sued. So I doubt they allow anyone knowingly to be on the property, let alone live there. You should drop the dime on them. If enough time goes by they could get squatters rights....

I am amazed the condo association has not shut off their water and electrical though.

A quick side note...We had a foreclosure auction in Suissevale a while back. Only two people showed up for the auction. They got the property for under $85,000. A bargain. The problem being is that none of the abutters were informed about the auction as is stated in the Suissevale HOA rules. So I was not there . I would have loved to have gotten that property. Now I watch the real estate ads very carefully in Suissevale.

07-04-2010, 01:39 PM	#2
Lakesrider Senior Member Join Date: Jun 2007 Posts: 2,129 Thanks: 380 Thanked 1,016 Times in 345 Posts	Ummm yeah. I am pretty sure he was jesting. I think his anger goes to show he is not "one of those". I have felt the same way too. I know several people that play the system. On unemployment and never even look for a job. Get food stamps, welfare the whole deal and plenty able to work. If the mortgage isn't paid, it goes into foreclosure. If the people are still living there and the bank allows this, which I am pretty sure they don't, then the bank is very highly liable for anything that happens there. If someone falls, gets hurt, dies on that property the bank is going to get sued. So I doubt they allow anyone knowingly to be on the property, let alone live there. You should drop the dime on them. If enough time goes by they could get squatters rights.... I am amazed the condo association has not shut off their water and electrical though. A quick side note...We had a foreclosure auction in Suissevale a while back. Only two people showed up for the auction. They got the property for under $85,000. A bargain. The problem being is that none of the abutters were informed about the auction as is stated in the Suissevale HOA rules. So I was not there . I would have loved to have gotten that property. Now I watch the real estate ads very carefully in Suissevale.