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Resource ID: #27016
Subject: Real Estate
Source: Houston Press
Affiliation: 
Date: November 20, 2014

$0.00

Description

Scott Wizig is a Houston-based real estate king with an appalling track record in Houston, Buffalo, and Baltimore. Houston Press first reported on Wizig in 2004, after he was run out of Buffalo. They decided to follow up on him in 2014 after a group of community non-profits in Baltimore sued him for sitting on dozens of vacant, blighted homes that were deemed health and safety hazards. The Texas Department of Savings and Mortgage Lending appears to be the only Texas entity keeping an eye on Wizig, but even though he's repeatedly violated disclosure laws, the penalties are a pittance. Wizig also has exploited flaws in county record-keeping and eviction courts that have allowed him to foreclose on property he doesn't really own.

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