What ot do if I am in a short sale and the bank keeps posting on the home "vacant” and this has invited copper thieves and vandals?
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What ot do if I am in a short sale and the bank keeps posting on the home "vacant” and this has invited copper thieves and vandals?
Can the bank be held liable for disrupting the sale? The bank accepted the offer in the short sale dept but collections keeps posting on the home inviting vandals. Can the city be held liable for disrupting the sale by not getting squatters out of other vacant homes? The police, city and banks are doing nothing and this is scaring of potential buyers.
Asked on December 28, 2011 under Real Estate Law, California
Answers:
FreeAdvice Contributing Attorney / FreeAdvice Contributing Attorney
Answered 12 years ago | Contributor
The town or city that you live in essentially has no legal duty to continue to patrol and evict squatters from private property unless actual criminal activity is being observed or the owners of the property request police intervention.
From what you have written, the governmental entity that you are writing about cannot be held liable for not forcing squatters to vacate property owned by third parties resulting in sales of property in the neighborhood not closing.
I suggest that you contact your city counsel and request stepped up police intervention in the neighborhood that you are writing about as a means to possibly assist you in your own endeavor.
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