Friday, April 26, 2024

Homeowner Booted From Own House After Being Duped and Labeled a Squatter; Homeowner Forcefully Removed From Own Home After Company Cons Her Out of Deed

Homeowner booted from own house after being duped and labeled a squatter: report
A Mississippi homeowner is living a squatter nightmare after getting duped out of her deed and kicked out of her own house by a local judge, according to reports.
Marcia Naylor of Olive Branch was struggling with bills after her husband’s death and signed up with a local company to borrow against her home so she could keep up with her spiraling finances — only to have a local judge label her a squatter and boot her from her own house, WREG News reported.
“He [told me] he would borrow money against my house to give me wiggle room,” Naylor told the outlet. “I didn’t sign anything. He asked me to share with him a copy of the deed of trust to my home.”
It proved to be a massive mistake when she was hauled into court.
Naylor fell victim to a scam where homeowners are tricked into signing over their deeds to get quick cash from the property’s value — only to have the scammers file a “quitclaim deed” that transfers ownership to them, the Mississippi Better Business Bureau told WREG.
“[The judge] upholds that document and tells me I have to be out of my home and that I’ve been squatting in my home, I don’t know how long,” she said. --->READ MORE HERE
Image: WREG
Homeowner forcefully removed from own home after company cons her out of deed:
A Mississippi widow was told by a judge she owed over $19,000 towards her own property and had to vacate it alongside two of her grandchildren.
A homeowner found herself suddenly squatting her own home after she signed she shared the deed to the house with a company she had contacted to help her pay some bills.
Marcia Naylor of Olive Branch, Mississippi, was ordered to vacate the house she owns after a judge upheld a quitclaim deed removing ownership of the property from her hands.
Naylor recently lost her husband and has been struggling to cover the bills while also looking after to two of her grandchildren.
She claimed a relative introduced her to a company that could help her with her expenses - but ultimately found herself losing her home.
Naylor said: "[A judge] upholds that [quitclaim deed] document and tells me I have to be out of my home and that I've been squatting in my home for I don't know how long."
A quitclaim deed is a document which allows for the legal transfer of real estate without a sale in which a grantor disclaims all interest in a property and passes on the interests to a grantee.
However, contrary to other grantors in other forms of deeds, the quitclaim deed does not require for the interest in the property to be valid.
Naylor claimed that after contacting the company she didn't sign any document but shared a copy of her deed with a company agent. --->READ MORE HERE
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