Squatters take over foreclosed homes

[I AM NOT THAT GUY 5,715]

I suppose back when the homestead act was still around we had something similar though it was for land rather than for houses.

You can still homestead in the western territories. The Nevada and California deserts are littered with failed attempts at homesteading.

The homestead act was repealed in 1976, though it granted an extension of ten years for Alaska and Hawaii. Individual states may have other laws, but Federal law no longer allows it.

Good to know! That would explain why you don't see anyone trying it again. Does that include patent mining as well?

Edited April 11, 2009 by Mister_Bill

[Peikko 1,575]

My perspective is, I don't have a problem with squatters who repair and upkeep the housing they squat in.

why would they? they have no financial or emotional investment in it. and if they have money to do that, they'd probably rent somewhere.

Exactly

And yet, despite your fears, they do. Funny that, isn't it?

[I AM NOT THAT GUY 5,715]

I suppose back when the homestead act was still around we had something similar though it was for land rather than for houses.

You can still homestead in the western territories. The Nevada and California deserts are littered with failed attempts at homesteading.

The homestead act was repealed in 1976, though it granted an extension of ten years for Alaska and Hawaii. Individual states may have other laws, but Federal law no longer allows it.

Good to know! That would explain why you don't see anyone trying it again. Does that include patent mining as well?

Answerred my own question:

"The hardrock mining industry has acquired the title to an estimated 3.7 million acres of land previously owned by the public and rich in gold, silver, and other precious metals and minerals. Although a moratorium on new mining "patents" - conversion of public lands to private - has been in place since 1994, the government continues to grant pending requests. Since 2000, 15,600 acres of public lands across 12 western states have been converted to private ownership, for a price capped at $5 per acre in 1872."

Edited April 11, 2009 by Mister_Bill

[Ban Hammer 14,271]

My perspective is, I don't have a problem with squatters who repair and upkeep the housing they squat in.

why would they? they have no financial or emotional investment in it. and if they have money to do that, they'd probably rent somewhere.

Exactly

And yet, despite your fears, they do. Funny that, isn't it?

what's funny is how you see nothing wrong with it.......

[justashooter 430]

My perspective is, I don't have a problem with squatters who repair and upkeep the housing they squat in.

great. send me your address and i'll move right in. i have experience using chinese toilets, so your living room floor will work for me.

oh? don't like it? you talk the talk, without being willing to walk the walk.

[Peikko 1,575]

Can't you read? Squatters take over EMPTY property. If I was a bank with empty property, I would be quite happy about it so long as they took care of the property while they used it. Now if you want to wander down all kinds of vandalistic routes of your own devising, you go right ahead but DO NOT ascribe that to anything I have said or implied.

[Ban Hammer 14,271]

Can't you read? Squatters take over EMPTY property. If I was a bank with empty property, I would be quite happy about it so long as they took care of the property while they used it. Now if you want to wander down all kinds of vandalistic routes of your own devising, you go right ahead but DO NOT ascribe that to anything I have said or implied.

but you're not.........so much for that fantasy of yours.

[w¡n9Nµ7 §£@¥€r 123]

I still don't know how the lienholders feel about this. Anyone know?

[I AM NOT THAT GUY 5,715]

I still don't know how the lienholders feel about this. Anyone know?

I get pissed when people turn around in my driveway, if that helps. I return animal droppings to the pet's owner. Either you believe in property rights, or you don't.

[Ban Hammer 14,271]

I still don't know how the lienholders feel about this. Anyone know?

as in someone who's had property repossessed by the bank?

[I AM NOT THAT GUY 5,715]

I still don't know how the lienholders feel about this. Anyone know?

as in someone who's had property repossessed by the bank?

Lienholder would be the person holding the lien against the property, i.e. the bank, or mortgage company.

[w¡n9Nµ7 §£@¥€r 123]

I still don't know how the lienholders feel about this. Anyone know?

as in someone who's had property repossessed by the bank?

repossessed or not, the property has lienholders - in most cases banks... and maybe others too, like utility companies (for unpaid bills), contractors (again, for unpaid bills), etc.

lienholders have (in a normal world) say in what happens to a property.. they would want (i assume) some cash flow from the property. Are they getting that from these squatters? If not, why do they support it, if they do? Or is this just a way to keep the properties from declining even more than they would have if left vacant?

[justashooter 430]

lienholders have (in a normal world) say in what happens to a property.. they would want (i assume) some cash flow from the property. Are they getting that from these squatters? If not, why do they support it, if they do? Or is this just a way to keep the properties from declining even more than they would have if left vacant?

leinholders generally don't like the idea of squatters, as the property is usually degraded by their presence. often there is no water or sewer in such properties, so the bathroom and adjacent rooms get pretty funky.

i am in process of buying a house in kutztown for my oldest son from a seller who has 150+ rental properties, mostly in college towns. he said that he has a lot of summer vacancies and has constant problems with vagrant squatters. he said that squatters decrease property value and damage property, and can be difficult to evict.

[SuperDuper! 230]

lienholders have (in a normal world) say in what happens to a property.. they would want (i assume) some cash flow from the property. Are they getting that from these squatters? If not, why do they support it, if they do? Or is this just a way to keep the properties from declining even more than they would have if left vacant?

leinholders generally don't like the idea of squatters, as the property is usually degraded by their presence. often there is no water or sewer in such properties, so the bathroom and adjacent rooms get pretty funky.

i am in process of buying a house in kutztown for my oldest son from a seller who has 150+ rental properties, mostly in college towns. he said that he has a lot of summer vacancies and has constant problems with vagrant squatters. he said that squatters decrease property value and damage property, and can be difficult to evict.

At what point do we call "squatters" TRESPASSERS and have them arrested?

[Peikko 1,575]

At the point when the police see them as a problem relative to all their other problems. If the squatters do not cause any particular problems to the neighbourhood they will not do anything.