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Real Estate & Property Law

: The Home Equity Theft Reporter

Would-Be Buyers Screwed Over In Rent-To-Own Racket Involving Homes In F'closure Complain To Local Prosecutor; Ripoff Is Treated As A Civil Matter

By r morris

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In Umatilla, Florida, WFTV-TV Channel 9 reports:Several families claim a Central Florida company offering rent-to-own homes, never told them the properties were in foreclosure. After moving in, they say, serious repairs were ignored and they lost all their money. Dozens of signs dot Central Florida front yards reading 'Rent to own homes by Otto Beyer Enterprises' and many families who called

Full post as published by The Home Equity Theft Reporter on February 18, 2011 (boomark / email).

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