Solutions to Remove Squatters who Jeopardize Real Estate Investments

Dealing with a squatter who refuses to leave a property is immensely frustrating and emotionally taxing. A squatter may rob you of rental income or jeopardize a real estate deal. Squatters can impact property owners, sellers, heirs to a property, estate administrators, people who wish to buy a property and purchasers of properties sold at a sheriff’s sale.

 

What is a squatter?

A squatter is a person who does not have a legal basis for remaining in a property. A squatter is different from a tenant. A tenant is a person who had an agreement with the owner to pay rent even if that agreement was not in writing. A squatter is a person who entered a property by some reason other than payment of rent.

Here are some examples of squatters:

  • criminal who broke into a vacant property and stayed
  • relative or heir of a property owner who passed away
  • former owner of a property who lost the property to a mortgage foreclosure or tax sale
  • person invited into the property but refused to leave
  • person who had a lease with a previous owner of the property
  • person falsely claiming they bought the property without any legitimate proof

 

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Justice for Victims of Real Estate Theft

Real Estate Scams are a legal issue that no one wants to deal with. Theses scams can lead to individuals having their houses stolen right from under them. As a real estate law firm to residential and commercial property owners, we help avoid legal problems and resolve disputes. Read below to learn how justice was served for a family after their inheritance home was stolen by a fake investor.

 

Our firm obtained a judgment against a fake real estate investor who stole a house from the family of a deceased elderly man. Residents of South Philly know that even abandoned homes can be valuable investment properties. Unfortunately, an unscrupulous real estate “investor” discovered a property that was abandoned when an elderly resident passed away. The house was supposed to be the inheritance of the elderly man’s heirs.

 

 

The heirs were horrified to discover that the criminal “investor” filed a fraudulent deed which purported to transfer the property from the elderly man to the investor. There was just one problem. The elderly man had already passed away at the time the fraudulent deed was allegedly signed.

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