Anonymous wrote:I lived next to a house with a story like this back in grad school. The circumstances are often quite complicated. In that case, the woman had lived there for many years and claimed (rightly or wrongly I do not know) that they had been told that they would inherit the property. Unlike in this case, the owner was no longer living, and did not leave a will, so the property dispute was as to whether the current occupant was the rightful inheritor of the property or if the owner's adult children were. The resident was certainly not what I would think of as a scammer; she was illiterate, had a mental disability, and did some things that made her an annoying neighbor, but she was very kind. As best I could tell, she didn't even want to live in the property anymore, and was trying to leave the area, but if she ceased to occupy the house she worried that it would damage her legal case to own and thus get the proceeds from selling the property. Last I heard, she had left for awhile and the property went up for sale, but then she mysteriously reappeared living there one day.

In this case, it does sound like the power of attorney gives a lot more leverage to the adult children of the owner. It's certainly very likely that the existing squatter is a deliberate scammer, but I would not assume that it's the only possibility. I also wouldn't assume that it will be a straightforward eviction case for the person who buys the property.

Anonymous wrote:I lived next to a house with a story like this back in grad school. The circumstances are often quite complicated. In that case, the woman had lived there for many years and claimed (rightly or wrongly I do not know) that they had been told that they would inherit the property. Unlike in this case, the owner was no longer living, and did not leave a will, so the property dispute was as to whether the current occupant was the rightful inheritor of the property or if the owner's adult children were. The resident was certainly not what I would think of as a scammer; she was illiterate, had a mental disability, and did some things that made her an annoying neighbor, but she was very kind. As best I could tell, she didn't even want to live in the property anymore, and was trying to leave the area, but if she ceased to occupy the house she worried that it would damage her legal case to own and thus get the proceeds from selling the property. Last I heard, she had left for awhile and the property went up for sale, but then she mysteriously reappeared living there one day.

In this case, it does sound like the power of attorney gives a lot more leverage to the adult children of the owner. It's certainly very likely that the existing squatter is a deliberate scammer, but I would not assume that it's the only possibility. I also wouldn't assume that it will be a straightforward eviction case for the person who buys the property.

Anonymous wrote:Let’s take this one step further: would anyone buy a house like this if it were In Shaw / Georgetown / cleaveland park knowing that you’d get the house for $350,000 to $500,000 under price market? Anyone willing to put up with a squatter in order to get into their dream neighborhood ?

Anonymous wrote:

AgentX wrote:Ok you guys, I called. I have a client looking in that area so it was worth a shot. But they won't touch this one with a 100 foot pole.

Owner of property is dying, estate is not in order. They are trying to not take it to probate which will happen if the owner dies. Kids are running things for now via the POA. Overall condition wouldn't pass appraisal, she said it's in better shape that she expected but there is wood rot, peeling paint. Wood floors have pet damage. I didn't hear anything that indicated it wouldn't pass appraisal but I'll assume that she knows better than I do on this since she's been inside.

Tenant is not a family member. She weasled her way in on the premise of helping the owner. I assumed this was the case, this happens a lot.

The tenant has a young kid and no lease, so eviction is going to be interesting. Tenant also apparently has lots of late-night visitors who come and go. So she's a scam artist it sounds like.

Sad, we need more rights to evict squatters and tenants, we forget the true victims the owners and landlords. If you are a squatter or deadbeat tenant you should go to jail and be banned for a set amount of time and be forced to be damages.

Anonymous wrote:

Anonymous wrote:Houses in that neighborhood tend to be listed in the high 8s and sell for low 9s. Something like that. I think 800k in that neighborhood is not much of a discount. Of course it can be torn down by someone who doesn’t mind being the outlier with a mmillion plus dollar home in an under million dollar neighborhood (for the most part).

Soon the mantuans will come out to fiercely defend their neighborhood and say how the oil spill happened so so long ago and nevermind it was a superfund site but your neighborhood is probably must as bad. Gotta protect those property values!

In the past 3 months, median home sale value in Mantua was $1M. 35% of homes sold in the last year were $1M or more. If fixed up, it would not be an outlier at all. I would guess this particular house would sell for about $1M if it was in good condition.

AgentX wrote:Ok you guys, I called. I have a client looking in that area so it was worth a shot. But they won't touch this one with a 100 foot pole.

Owner of property is dying, estate is not in order. They are trying to not take it to probate which will happen if the owner dies. Kids are running things for now via the POA. Overall condition wouldn't pass appraisal, she said it's in better shape that she expected but there is wood rot, peeling paint. Wood floors have pet damage. I didn't hear anything that indicated it wouldn't pass appraisal but I'll assume that she knows better than I do on this since she's been inside.

Tenant is not a family member. She weasled her way in on the premise of helping the owner. I assumed this was the case, this happens a lot.

The tenant has a young kid and no lease, so eviction is going to be interesting. Tenant also apparently has lots of late-night visitors who come and go. So she's a scam artist it sounds like.

Anonymous wrote:

AgentX wrote:Ok you guys, I called. I have a client looking in that area so it was worth a shot. But they won't touch this one with a 100 foot pole.

Owner of property is dying, estate is not in order. They are trying to not take it to probate which will happen if the owner dies. Kids are running things for now via the POA. Overall condition wouldn't pass appraisal, she said it's in better shape that she expected but there is wood rot, peeling paint. Wood floors have pet damage. I didn't hear anything that indicated it wouldn't pass appraisal but I'll assume that she knows better than I do on this since she's been inside.

Tenant is not a family member. She weasled her way in on the premise of helping the owner. I assumed this was the case, this happens a lot.

The tenant has a young kid and no lease, so eviction is going to be interesting. Tenant also apparently has lots of late-night visitors who come and go. So she's a scam artist it sounds like.

Ugh that tenant/squatter is annoying. So frustrating. I can’t stand this. And it will be hell to get them out.

Anonymous wrote:

Anonymous wrote:Houses in that neighborhood tend to be listed in the high 8s and sell for low 9s. Something like that. I think 800k in that neighborhood is not much of a discount. Of course it can be torn down by someone who doesn’t mind being the outlier with a mmillion plus dollar home in an under million dollar neighborhood (for the most part).

Soon the mantuans will come out to fiercely defend their neighborhood and say how the oil spill happened so so long ago and nevermind it was a superfund site but your neighborhood is probably must as bad. Gotta protect those property values!

In the past 3 months, median home sale value in Mantua was $1M. 35% of homes sold in the last year were $1M or more. If fixed up, it would not be an outlier at all. I would guess this particular house would sell for about $1M if it was in good condition.

Anonymous wrote:I don't get it. Is there a squatter? Or is it some type of verbal rental? It makes no sense.