Free house for any deliquent CA mortgage owner.
invite response
2010 Mar 16, 4:25pm 52,997 views 82 comments
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Norbecker
2012 Feb 6, 11:56pm
Well this guy got to live in a nice house for $16 for 8 months. I guess he can try to find another.
He wrote the book and he got the boot.
LarryPatrickMaloney
2012 Feb 27, 2:26pm
So, did anyone read this post, from this great Dr. HousingBubble article about 9 years of properties in CA?
"Lyle
October 4, 2010 at 10:15 pm
Note that in Ca the adverse possession laws apply after 5 years of paying taxes and with color of title. So that means any action against the foreclosing bank, can only get the house back for 5 years, because after that the current owner (or member of a chain of owners since the foreclosure), has aquired the ownership by adverse possession. So if people want to reclaim then need to start filing now. Of course this is a great way to solve the surplus of Lawyers in the US."
Can I get some smilies?
Somebody has to pay the taxes in a timely fashion, not necessarily the adverse possessor. See below.
California Code of Civil Procedure Section 325
Legal Research Home > California Laws > Code of Civil Procedure > California Code of Civil Procedure Section 325
(a) For the purpose of constituting an adverse possession by a
person claiming title, not founded upon a written instrument,
judgment, or decree, land is deemed to have been possessed and
occupied in the following cases only:
(1) Where it has been protected by a substantial enclosure.
(2) Where it has been usually cultivated or improved.
(b) In no case shall adverse possession be considered established
under the provision of any section of this code, unless it shall be
shown that the land has been occupied and claimed for the period of
five years continuously, and the party or persons, their predecessors
and grantors, have timely paid all state, county, or municipal taxes
that have been levied and assessed upon the land for the period of
five years during which the land has been occupied and claimed.
Payment of those taxes by the party or persons, their predecessors
and grantors shall be established by certified records of the county
tax collector.
elliemae
2012 Mar 18, 4:59am
It would be difficult to convince my fiance that breaking into a foreclosed house and living there like hobos for 5 years while hoping the bank doesn't notice is a good life choice.
She/he sounds unreasonable. Dump him/her, find someone who appreciates squatting and have at it.
APOCALYPSEFUCK is Tony Manero says
I believe everything I read on the Internet.
I'm the Queen of England, just haven't posted pics of my corgis 'cause it would have given me away.
LARRY I WANT MY FREE HOUSE WHERE IS IT LARRY YOU PROMISE ME
Take your neighbor's while they're on vacation. Duh.
LarryPatrickMaloney
2012 Jul 5, 1:34am
Looks like CA might start taking the houses from Banks...
http://online.wsj.com/article/SB10001424052702303933404577505013392791018.html
LarryPatrickMaloney
2012 Jul 15, 1:28pm
'Squatters' win restraining order against RE Agent.
=========================================
Area real estate agent said she's being taken to court by squatters in Antioch who have taken over a house she's trying to sell.
As many as three people have been living in the Concord home since December. Even though the owner never gave them permission to move in, they're apparently not moving out without a fight....
http://www.ktvu.com/news/news/squatters-issue-restraining-order-against-real-est/nMfBm/
How did we miss this?
Eman
2012 Jul 15, 3:39pm
'Squatters' win restraining order against RE Agent.
=========================================
Area real estate agent said she's being taken to court by squatters in Antioch who have taken over a house she's trying to sell.
As many as three people have been living in the Concord home since December. Even though the owner never gave them permission to move in, they're apparently not moving out without a fight....
http://www.ktvu.com/news/news/squatters-issue-restraining-order-against-real-est/nMfBm/
How did we miss this?
Imagine what would happen to these squatters if this were in Texas. Welcome to California. :)
LarryPatrickMaloney
2012 Oct 25, 12:07pm
Again, nobody is putting 2+2 together.... The banks are allowing squatting, and if you can do it long enough, you could clear your liens.
Im not sire the details, but happens to people in prison, or did in one instance, happened to a familly member of mine here in California. How I fit in this whole thing, I will explain. sucks for me and my brother is how. Now im buying a old rotten stick in sand house next door. When house squat heisting try really hard not to due it to people you know! Someone fathers thatn has kids may be doing time and you may know that because your friend or familly and you might move in and you might legally end up owning there home! Understand that its usually people you know that you get the opportunity to take everything from. Marry there gal, quit there company start your own. Unfortunate fact of life. It hard to be straight, I am, and im broke and I will own my shack in 8 more years.
LarryPatrickMaloney
2013 Jan 13, 8:56am
Zombie Foreclosures: Yet another reason to get your 'free' house.
Remember, in California, you just have to go FIVE years, and you can 'quite' your title.
Just like this guy found out the hardware. Adverse possession laws can be a good thing.
http://www.nbcnews.com/business/zombie-titles-haunt-victims-home-foreclosure-1B7933378#
LarryPatrickMaloney
2013 Jan 13, 11:14am
The bank still has a lien on the house. He could have that lien removed if he was in CA (by now), but in Ohio it takes 20 years. :(
LarryPatrickMaloney
2013 Jan 21, 3:42am
You mean like this?
http://stopforeclosurefraud.com/2010/09/16/california-quiet-title-victory-paul-nguyen-v-chase-et-al/
Quiet Title, Rescission and Damages, and Unfair Business Practices
JUDGMENT
1. This Court has jurisdiction over the subject matter of this case and over the Defendants.
2. Venue as to the Defendants in the Central District of California is proper.
3. Default judgment is hereby entered against Chase Bank USA, N.A. and Chase Home Finance, LLC and in favor of Plaintiffs Paul Nguyen and Laura Nguyen on all claims in Plaintiffs’ SecondAmended Complaint.
4. IT IS THEREFORE ORDERED that the Deed of Trust recorded with Orange County Recorder as instrument No. 2007000731120 on 12/12/2007 is wholly voided as to plaintiff Laura Nguyen.
5. IT IS FURTHER ORDERED that Defendant First American Loanstar Trustee Services record a DEED OF RECONVEYANCE to reconvey unto Plaintiffs thereto all right, title and interest which was heretofore acquired by First American Loanstar Trustee Services under deed of trust recorded with Orange County Recorder as instrument No. 2007000731120 on 12/12/2007.
6. IT IS FURTHER ORDERED that all adverse claims against property known as 16141 Quartz Street, Westminster, CA 92683 are quieted.
The legal description of said property is..
=========================
PS: I'm not peddling anything. Just trying to inform people.
LarryPatrickMaloney
2013 Jan 24, 8:31am
And, here is another great story...
"The 23-year-old has moved into an empty $2.5 million mansion in a posh Boca Raton neighborhood, using an obscure Florida real estate law to stake his claim on the foreclosed waterside property."
http://www.orlandosentinel.com/fl-boca-squatting-in-style-20130122,0,1530279.story
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Pay VERY close attention to this post. If you are a bank property manager, you better learn what I’m about to teach you.
If you are home owner, you better try to hang on to your house and live in it for free.
In the state of California, a person can take an abandoned home, move in and live in it. Provided, nobody is going to contest it.
I’m not going to give you all the gory details, but it’s called “adverse possessionâ€.
Essentially, if you live in the house for five years, pay the bills, including the property taxes, the house is yours. You can get a new title on it.
Even if there is an outstanding mortgage. All lien holders are wiped out.
So, for all your “squatters†out there, if your bank keeps dragging out your foreclosure, if you can hold out for a total of five years (for those of you who are two years in, you just have three years to go.) you will be able to 100% get out of your mortgage, and own your home scott free.
I’m sure you doubt me, but it’s true. You would go to a judge, and demonstrate your case of adverse possession, and the banks existing lien, that you OWE on will be wiped out. The house becomes yours, with no mortgage payments. Zero, nada, nothing.
Now, I debated about writing this publicly, because I want to jealously guard this “open secret†to my advantage. However, it’s more to my advantage if the banks are schooled in the law, and get motivated to start dumping their holdings. I’m sure the attorneys on staff at banks know about this law, but I’m willing to bet, most of them don’t really understand it, because they haven’t read it in detail, nor do they have any experience with it.
So, you bankers out there, that eventually read this post, you better get schooled real fast. If you wait over five years to foreclose, you are going to lose any claim you have on a property. That means all your backed up properties are going to be lost.  You banks have corrupted the regulators who are over seeing you, and you aren’t motivated to clean your books by those regulators anymore. However, you damn well will be motivated when thousands of homeowners start taking their houses back, and wiping their mortgage obligations to you.
Homeowners, you need to scheme and plan on how to PHYSICALLY stay in your house for five years, PAY your property taxes (don’t let the bank do it) If you send in your mortgage payment, the bank will pay your property taxes. You need to pay your property taxes directly to the county, AND not let the bank do it. You need to keep all your payment records of your utilities, insurance, etc to prove you have lived there for five years.
After five years, of living there as a defaulted home owner, go to court, and get those liens wiped out.
Maybe I should write a book on how to do this…..
Larry P. Maloney
Mountain View CA.
** Update:Â Here is how it's done: http://www.infowars.com/toledo-man-streams-foreclosure-occupation-over-internet/
#housing