Re: Oh really - Posted by Ed Copp (OH)
Posted by Ed Copp (OH) on October 11, 2002 at 15:06:43:
I thought it might be a “sweet deal” for the deadbeat who is occupying the house.
He is out of the habit of making the payments. Probably does not even remenber how much they were.
He has given you a deed so it is your problem now (sweet for him), and he is still there (a freebie).
You can evict him if you would like access to “your” house BUT you will first have to prove to the judge that you have a right to evict him. Guess you will have to record that deed and get involved in “his” (now yours and his) foreclosure action; while he still lives in the house in question. No doubt he will find many reasons to delay this legal action of yours where you are attempting to get him out of “his home”.
Now if this guy becomes completely insolvent (and there is no profit in him not to) he may be able to get a “free lawyer” to fight you for a long time. If his nerves are shot because of your antics, he may even require some mental care (could take a long time). Now after all this is cleared up he no doubt will still be broke and probably need to file bankruptcy, this should delay things some more.
There are a few hundred other legitimate
"delays" available for him. He could retire in “your” house while you are attempting to get him to move.
So from my seat, it looks like a “sweet deal” for him. Keep us informed.