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- Jan 8, 2021
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What a mess
https://www.foxla.com/news/couple-buys-riverside-dream-home-but-seller-refuses-to-move-out-in-eviction-moratorium-loophole
RIVERSIDE, Calif. - When Tracie and Myles Albert purchased a beautiful four-bedroom house in Riverside, California they never realized that at the end of escrow the seller would suddenly refuse to give up the keys and leave.
"It’s just draining, emotionally and financially," says Tracie. On January 31, 2020, the couple purchased the home. More than a year later, they still haven’t been able get inside their property. Chris Taylor is the Real Estate Agent who sold the house to the Alberts from a man who wanted to sell immediately.
"He needed $560,000 from the sale of his house in two weeks and he called me on a Sunday, so in traditional real estate there's no way of doing that unless the buyer’s a cash buyer," says Taylor.....
...."They have this case under a COVID tenant situation, of no evictions when it doesn't fall under that at all. This transaction went through in January 2020 before any of that, it isn't a renter who was getting thrown out. It's the guy who collected all of this money," stated Myles.
Eviction Attorney Dennis Block says, "This year alone, we’ve handled at least 7 maybe 8 cases of this exact type of situation."
He says people purchasing homes need to be extremely cautious, especially if they notice any red flags during the process. Block says what’s happening to the Alberts could happen to anyone.
"This person is not a tenant, it’s a previous owner who is enjoying the benefits of the money that was transferred to his account but of course doesn’t want to move out of the premises that he no longer owns," Block stated.
https://www.foxla.com/news/couple-buys-riverside-dream-home-but-seller-refuses-to-move-out-in-eviction-moratorium-loophole
RIVERSIDE, Calif. - When Tracie and Myles Albert purchased a beautiful four-bedroom house in Riverside, California they never realized that at the end of escrow the seller would suddenly refuse to give up the keys and leave.
"It’s just draining, emotionally and financially," says Tracie. On January 31, 2020, the couple purchased the home. More than a year later, they still haven’t been able get inside their property. Chris Taylor is the Real Estate Agent who sold the house to the Alberts from a man who wanted to sell immediately.
"He needed $560,000 from the sale of his house in two weeks and he called me on a Sunday, so in traditional real estate there's no way of doing that unless the buyer’s a cash buyer," says Taylor.....
...."They have this case under a COVID tenant situation, of no evictions when it doesn't fall under that at all. This transaction went through in January 2020 before any of that, it isn't a renter who was getting thrown out. It's the guy who collected all of this money," stated Myles.
Eviction Attorney Dennis Block says, "This year alone, we’ve handled at least 7 maybe 8 cases of this exact type of situation."
He says people purchasing homes need to be extremely cautious, especially if they notice any red flags during the process. Block says what’s happening to the Alberts could happen to anyone.
"This person is not a tenant, it’s a previous owner who is enjoying the benefits of the money that was transferred to his account but of course doesn’t want to move out of the premises that he no longer owns," Block stated.
