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Become a Squatter of Occupant, don't buy or rent


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2011 Jul 12, 10:15am   1,637 views  4 comments

by kloren   ➕follow (0)   💰tip   ignore  

What do you think?

I'm now looking to be the "occupant" not the renter or owner, and willing to set up a sophisticated escrow account, offering to pay anyone who can turn over keys for possession, $3000 in currency, one time, no receipt, then move in in November, occupy, be responsible for upkeep, then pay $3000 monthly into an escrow account with all that money to be paid (back) to me in the event of any action which forces me to move out (such as foreclosure on "owner"), but paid to the person handing over the keys when I stay in the house for at least 12 months, then leave.

I might take on a title of "caretaker" and receive a monthly salary, be listed, if necessary as an "employee required to live on the property."

I don't want mail or phone or services to be billed to me. I'll give the person cash, he pays those bills.

After one year, per escrow terms, the $3000 is paid monthly in currency, no receipt needed, no questions to that person who gave me the keys.

"Possession is 90% of ownership / control."

Per above, the escrow would continue to have $3,000 per month accumulating a maximum of $36,000 to be paid to me in the event of leaving before death of one of us. That pays my moving expenses.

Obviously both the "person" and I take risks for the first 12 months. After that I pay my normal $3000 to him in currency and he's getting a stable cash income, only had to wait a year to start getting it. Perhaps 10 more years like this....

I'm 80, occupancy is subject to leaving when the first of me or my wife dies, one just leaves with no further paper work, other than release escrow (which should be automatic anyway) to pay all accumulated funds to "the person" who gave me the keys. For a year he got nothing, but when we leave he gets then what he didn't get at the start.

"Occupy, don't buy or rent, take advantage of the

moral

strategic default of another."

I would continue to make this offer to houses on the market for $2,000,000 and higher, 4,000 sq ft, or higher, the type which a bank does NOT want to see vacant under any circumstances, and where my age guarantees departure in a reasonable time.

I like California fot these, perhaps some other area too?

#housing

Comments 1 - 4 of 4        Search these comments

1   corntrollio   2011 Jul 12, 10:32am  

Are you the long lost relative of Crown Prince Onazi Hassan Ignatius Boniface Ndegeocello?

$3000 in currency, one time, no receipt

No receipt, eh, tax dodger?

I would continue to make this offer to houses on the market for $2,000,000 and higher, 4,000 sq ft, or higher, the type which a bank does NOT want to see vacant under any circumstances, and where my age guarantees departure in a reasonable time.

Keep dreaming, scamster.

2   Truthplease   2011 Jul 12, 10:59am  

Pay your damn TAXES! Man you are a scam artist.

Delete this post before I say something I will regret.

3   StoutFiles   2011 Jul 12, 2:06pm  

This sounds great; I can set this up for you. However, to begin this process I'll need $3000 cash from you mailed to an address I provide, one time, no receipt.

I look forward to hearing back from you!

4   PockyClipsNow   2011 Jul 13, 3:25am  

This is the direct result of way way too much government intervention. The scammers move in because the government is creating massive waste (vacant homes), legal loopholes to take advantage of (HAMP,Loan Mods, TARP, foreclosure moratoria,etc).

Get the Government out of the business of 'supplying housing' to us all and we can eliminate this crap.

A private mortgage holder would foreclose as fast as legally possible..... the feds are 'masterminding' our housing market into a cuba/cccp model of waste, corruption,and fraud at every level (IMO).

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