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Posted almost 15 years ago

GREAT! More Shenanigans

…The inescapable conclusion at this point, is that title on more than 100 million real estate transactions is at the very least in doubt and quite probably corrupted. In legalese that would be expressed as clouded, unmarketable (i.e., you can’t sell it or finance it, because nobody will take it), defective or fatally defective... Neil Garfield

This is a long article by Neil Garfield at Livinglies.com. Neil has led the crusade to have lenders play by the rules when it comes to Foreclosures. I’m not for folks getting a “free house” neither is Neil. I am for Lenders following the RULE OF LAW.

 

I live in Texas, which is a Non-Judicial Foreclosure State. Our Property Code which regulates foreclosures is very clear. A Non-Attorney can understand the “Does & Don’ts of our Property Code. The more I dig into some of these court cases, the more I don’t like what I see on the part of Lenders.

 

Fast & Loose is no way to go thru life.

  

 


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