Comments on: Miami foreclosure homes turning into squatters paradise http://blog.foreclosure.com/2008/12/miami-foreclosure-homes-turning-into-squatters-paradise/ Distressed Real Estate News and Opinion Thu, 02 Feb 2012 16:42:28 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Donald Sheldon http://blog.foreclosure.com/2008/12/miami-foreclosure-homes-turning-into-squatters-paradise/comment-page-1/#comment-17335 Donald Sheldon Wed, 04 Mar 2009 15:30:07 +0000 http://blog.foreclosure.com/?p=654#comment-17335 What an interesting concept. I wonder what the end game is here for all parties involved. It is obvious that lenders cannot just allow indefinite occupation of foreclosed homes. It is equally obvious that the squatters are providing a kind of security service that otherwise would not be available to lenders. Moving into a home that you know is for a short period of time might work for all parties except that the law of liability and lack of insurance would need to be researched and probably rewritten for accommodate squatters. There may be a business here. A kind of "broker" for lenders and squatters to get them together and protect both parties. Donald Sheldon What an interesting concept. I wonder what the end game is here for all parties involved. It is obvious that lenders cannot just allow indefinite occupation of foreclosed homes. It is equally obvious that the squatters are providing a kind of security service that otherwise would not be available to lenders. Moving into a home that you know is for a short period of time might work for all parties except that the law of liability and lack of insurance would need to be researched and probably rewritten for accommodate squatters. There may be a business here. A kind of “broker” for lenders and squatters to get them together and protect both parties.

Donald Sheldon

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