Monday, September 27

1 Home Sold to 2 Different Buyers

A series of mis-communications has led to one house being sold to 2 different parties. Now, there is a couple with their first home in court against an investor group to determine who has rightful ownership.  Here is an excerpt of the story:

"Douglas Garhartt and Brandon Lively were just settling in to the ocean-view San Clemente townhome they bought in March when suddenly they were faced with the threat of eviction. 

Less than a week after they closed sale on the condo, it turned out, a small group of investors had purchased the same property -- at a foreclosure auction.

How could that have happened? How could one home have been sold to completely different buyers?

Both sides say they did everything right. Both sides have deeds. And both sides are in court right now, trying to sort out the mess.

Though they're facing off in a legal fight, Haushalter said he feels sympathy for Garhartt and Lively, who he views as solid, responsible home buyers who took all the right steps in saving for and purchasing a place to live.

"The only people I feel worse for than them is us," Haushalter said. "We don't have a house or our money. At least they have the house that they bought.""
~MSNBC


Janus Real Estate Group    *    Heather Anderson     *    972-765-3773
 
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