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Search results for "squatters" ...

  • Squatters take over dead woman's house

    After a Colorado Springs woman passed away, News 5 Investigates learned squatters took over her house, stole her property and even used her car. Her family tried calling police, only to be told the case would have to be handled in civil court.
  • Detroit Free Press squatters

    The Detroit Free Press found a politically connected charity that was supposed to help hundreds of squatters was evicting them and flipping their houses to developers for thousands in profit, and that Detroit has the worst squatter problem in the nation.
  • Miss "Deeds"

    9NEWS of Denver, Colorado exposes squatters who attempted to steal a $400,000 home by creating bogus deeds and submitting them to a city clerk’s office.
  • Behind the Meltdown

    The foreclosure crisis in the Sacramento Bee's coverage area impacted more than 8,000 homes. Among the Bee's findings were that while the area's median income was about $80,000, home loan "stated income" applications indicated reported figures closer to $100,000, which were not verified before a loan was disbursed. As a result of the risky loans, many home buyers' credit ratings took a major hit, while homes dropped in value and the market was flooded with people attempting to sell. With so many vacant homes, squatters have become a problem in neighborhoods like North Sacramento's Western Avenue, which the Bee identifies as perhaps the area hardest hit by the crisis.
  • Street of Broken Dreams

    The authors investigated predatory lending on West Camile Street in Santa Ana, CA. They found that subprime lending had become so out of control, many residents of the area were being threatened with foreclosure after sales prices fell below the amounts they owed and monthly payments soared. The investigation reveals that most of the victims of subprime lenders are Latino; often the borrowers spoke little English and did not understand the terms of their mortgages. The story also examined the impact of the practice on the neighborhood; as homeowners packed tenants into their houses to pay mortgages, they caused crowding and parking problems. Furthermore, recently foreclosed houses are attracting squatters and gangs.
  • Program to save homes fails; neighbors suffer

    "When Detroit auctioned 503 homes in 1996, city officials hoped to promote home ownership, chip away at the chronic abandoned-property problem and bolster struggling neighborhoods . . . An investigation by The Detroit News into the results of the 1996 auction found that 313 of the 503 homes sold in the December 1996 bidding are abandoned, torn down or inhabited by squatters." In addition, the goal of increasing homeowners in the city failed with only 14 percent of purchasers occupying their homes. The auction "not only failed to give the city's real estate market the jolt initially desired, but also exposed a series of missteps by city officials in the land transactions." David Josar and Cameron McWhirter report more.