Foreclosed Properties

By Find My Funds on 12:46 PM

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If you are not living under a rock, than most likely you are aware of the foreclosure crisis that is happening all around us. One issue with foreclosures is that houses are left abandoned and in most cases unmonitored. Where house #2 is, is a very real picture of what the foreclosure crisis is doing to the housing market. The house that is directly next to my house has been abandoned for quit some time. Apparently many other people have noticed it has been abandoned as well and have been squatting there. Well it’s New England and the nights are getting cold so they are going in there to get warm. But not only do they have a roof over their head but they also have power and gas, because they were never turned off. At night there are people walking all over the 3 floors and are even cooking in the house. They gained access by a fire escape in back where there is a window they just kicked right in. I have called the police a number of times complaining of a break in but nothing has been done. Today I received an e-mail for one of the tenants voicing her concern of her safety and the safety of my house. I told her I would look into it and find who was responsible, this took much longer then I expected. I started with the town tax assessor’s office, which was little help but was able to give me the name of the lender they had on file. This sent me down a long dead end road of calling banks and mortgage companies that had sold this mortgage 10 fold. So after about 3 hours I was still no closer to finding the owner of this property. I ended up going do to the town records office and spoke with this very nice, very beautiful girl (I got her number J. She was able to help me by giving me more info and a few other lender names they had on file for the owner. One of the lenders was able to tell me that they were holding the dead and the property had been foreclosed on. After I told them about the squatters they informed me they would send out an assessor to look over the property and determine what needed to be done. She said they would most likely board up the windows and turn off all the utilities. If there is no sign of any assessor in the next 2 weeks I will be forced to take matters into my own hands and board up the windows on my own. The last thing I want is a gas explosion because some drunks snuck in and decided to light their crack pipe with the gas stove.