Hat tip to Susie for sending this in!
A real estate transaction fell apart just one hour before closing after a shocking discovery involving an alleged squatter at the property.
The potential buyers, who had been under contract since March 1, chose to walk away from the deal after encountering a legal complication involving the seller’s adult daughter.
According to the prospective buyers in a post on Reddit this week, everything appeared to be in order until the final walk-through, which took place just before the scheduled closing.
During this walkthrough, they discovered the seller’s daughter had moved back into the property over the previous weekend. Her belongings and even her dog had been brought back to the home, despite the sellers’ intention to finalize the sale.
The potential buyers allege that local law enforcement, called to the property multiple times, confirmed the daughter’s claim of tenant rights.
The would-be buyers explained that there was no leasing agreement in place and her name was not on the deed. However, police officers apparently stated that they had visited the property four to five times in the past month and could do nothing as it was now considered a civil matter.
As a result, the buyers decided to cancel the transaction one hour before closing, citing concerns over the inability to evict the woman without a formal eviction process.
P.S. The comment section is working now!
0 Comments