AG's office investigating squatters cases

seattlecitizen said on June 16, 2010 at 8:05 AM

Dodsondance is perverting the law of adverse possession as part of his scam. This is criminal! More so, this is why adverse possession needs to end now! Unfortunately, House Rep. Jamie Pedersen killed legislation (HB 1479) that would have abolished legalized land theft. We need legislative changes made so that Dodsondance and others like him stop using adverse possession as a way to steal property and scam unsuspecting victims.

jackwong said on March 10, 2010 at 10:10 PM

@pixelater: I hope Americans with mindset like yours keep paying your mortgages in full, so maybe in about 30 years, you'll be able to break even with the same buy-in price 30 years before. Banks, insurance companies,etc only treat us like we are a gambling statistics... we have no faces to them. They don't care about our life stories - not at all. Why should we put a face on the bondholders? They bet against our lives, we bet against theirs. BTW, the TARP started with Bush. And no, I don't agree President Obama should of followed thru the second half.

jackwong said on March 10, 2010 at 10:04 PM

msmc_1969: If they are not in the business of care, then why are we to care? This is why sometimes foreign countries laugh at you Americans. For the naivity that we exhibit... rules are meant to be broken. The ones that get ahead are the ones who twist it - just like the loan officers who make stuff up in the applications. Do you think a place like China was thinking of being a surrogate country to America and only produce goods while America just sells the world it's intellectual properties(brands and inventions) and collect all the money? What's happening is, China is not enforcing any intellectual property by pirating and selling American goods through it's backdoors of factories and paying no royalties - thereby dilluting American good's values and making our deficits go astronomical. Do you think the American congress was thinking this would happen when they signed China into the WTO? it's naive people like you who gets shafted in this dog-eat-dog world.

shemomo said on March 10, 2010 at 4:15 PM

And in my case, I had no reason to believe that, in the spring of '06, I would not be able to continue with a very well paying job, and thereby paying the mortgage... Goal was to do that for five years, then sell, and retire to another state with the ability to buy a home there. My interest rate was good, the mortgage broker did not inflate anything... so, just the current state of the economy, housing values dropping, and being laid off caused me to go this route. Plain bad timing and bad luck. However, I do blame the banks for not working with me to adjust the mortgage to a reasonable level while I was unemployed... they would not, because I did not have a job, whereas they have been making and adjusting loans to people to just happen to have a job today. FYI, my credit rating was stellar... well over 800!

msmc_1969 said on March 10, 2010 at 11:51 AM

Banks are not in the business to care, they are a business like any other, I do not fault banks, because you cannot get something for nothing, you must pay and if it seems too good to be true, it probably is. Jackwong you are as disgusting at the banks, honesty indicates morality and ethics, you obviously want to profit off of other peoples misfortune so how are you any different? You should not remove anything from the house other then your personal belongings. Life is about choices some good others not so much, but you must take responsibility for those choices even if they do not turn out so good.

sinshui said on March 10, 2010 at 10:42 AM

Obama revised the regulation which is good and bad.. it's always 2 sides of a coin..and it can't help everyone. The good is the loan officers can't make stuff up on the application. The bad is the rule is so tight now.. I am able to afford the loans but now I can't refinance my primary home and another investment properties after the change. So I think Obama did help some people but also screwing up other people at the same time. It really depends on what the situation is.

sinshui said on March 10, 2010 at 10:37 AM

I am trying to be neutral here. At first I disagreed Jackwong's comment for saying selling off everything he can while the house is still under his name. But I think about it.. I paid the hardwood, windows, appliances, faucets in cash when i first bought the house... I am only paying the mortgage on the house itself not the upgrades and other appliances.. I definitly have the rights to sell off everything before it goes foreclosure. I was once wanted to be a mortgage loan officier while the market was still hot. The broker told me how they could make good money on subprime loans and charged high interest on those who don't have a good credit or foreingers who were not staying in US long enough to get a regular loan. They also overestimated the income of the borrowers. I felt disgusted about it and gave it up. When the marekt is good, ppl were able to afford the monthly payment. However when the market is bad, they can't afford the loans any longer and created such a big mess.

kennovak67184564 said on March 10, 2010 at 10:28 AM

Unless you have dozens of homes how could you not know someone is living in your home/squatting on your land? Sounds like the landlords (and house flippers) are feeling the housing pinch too.

pixelater said on March 10, 2010 at 9:18 AM

jackwong show his true colors. Just another lowlife scumbag willing to take advantage of anyone to keep from having to go about life productively.-----About those bailouts are you now saying that your demi-god, Obama was wrong?

aziza said on March 10, 2010 at 6:39 AM

Jackwong? This time I agree with you! Do you think the banks care about honesty? They do not! They actually thrive on the loss! So YES while the house is still in your name, sell off EVERYTHING.

jackwong said on March 10, 2010 at 5:41 AM

@shemomo: Real estate bubbles are nothing new. It happens everywhere in the world. Where I come from, in Hong Kong, a big one blew up in the late 90s. And now another one is about to blow soon in Asia. I don't feel sorry for the banks at all, especially now they got bailouts through the taxpayer's dollars... afterwards slaps us in the face with giving themselves bonuses - they are as sleazy as they come. These people are the vultures of society - they create friendship relations with people in places like Churches and workplaces - only to put others in huge debt and slave their future. So if you feel like just walking away one day and not wasting the rest of your life in a underwater mortgage - don't feel guilty. Use your rights while you have it in America - we have anti-racketeering laws to protect you. While in Hong Kong, The banks send the boys up to harass you day and night, so people don't dare to walk away.

shemomo said on March 9, 2010 at 9:49 PM

jackwong... I do not disagree with your comments regarding the responsibility of the banks... in my case, I bought at the peak of the market and made good money so the mortgage prior to being laid off was manageable... however, there is no doubt that the banks played a major role in the inflation of property raising the cost of houses to ridiculous levels. Buying at that time was likely not smart, but without a crystal ball, who knew???

jackwong said on March 9, 2010 at 8:31 PM

@shemomo: But if you ever feel like doing that... shoot me a msg here. I'm in the market for some good reclaimed millwork. Personally, I feel banks have a responsibility for artificially inflating the market beyond a reasonable price. A foreclosure should not only be looked at as a failure on the homeowner's part, but also a devalue of the market and the bad judgment of the bondholder, money manager, and loan officer involved in the lending process.

shemomo said on March 9, 2010 at 8:03 PM

Jackwong... I have neighbors trying to talk me into doing that... I cannot... brought up to be honest. Unemployed now for over ten months with a huge mortage and an upside house in a not particularly nice neighborhood and no way to continue to pay that mortgage. I am going the bankruptcy route which is the only way I can feel not too lousy about what I have to do. Dreams can disappear fast, but no need to be dishonest - conscience is something you can either live with or not...

jackwong said on March 9, 2010 at 6:43 PM

The Bogue's are way too honest. the real way to do the banks in is to 1) rent out the place themselves and get what they can get out of it while not paying the mortgage. 2) sell off everything that is valuable in the house... such as windows, doors, reclaim hardwood floors, appliances, faucets, etc. Just walking out and leaving is a recipe for disaster, the banks won't go easy on you... they'll do everything they can to ruin your credit and give you a bad time.

kryptin said on March 9, 2010 at 6:13 PM

they'll just find another unused house to squat in. A friend of mine is one of these squatters and police never do anything to him just kick him out and board up a house and alert owners, but he'll just come back with his "squat key" which is basically a big crowbar and get back in. A squat can last him anywhere from 3 months to over a year depending on the situation the house is in and their are unused houses and buildings all over the place. One squat was a giant motel that had been closed down, but still had electricity and water which he and about 20 others had the run of for 4 months before police did anything.

d8tabrazil said on March 9, 2010 at 5:38 PM

This is an "East-Coast" mentality. If the Bogue's are still the legal owner, it's trespassing and breaking an entry. If the bank owns it and not decalred "abandoned", it's trespassing and breaking an entry. In WA State, that's enough to shoot someone. ;)