Apr 13, 2009

Your new neighbor may be a foreclosure squatter

A story at the link below tells about a woman in Miami, calling herself Queen Omega, who moved into a three-bedroom house.

She introduced herself to the neighbors, signed contracts for electricity and water and ordered an Internet connection.

What she did not tell anyone was that she had no legal right to be in the home.






Ms. Omega, 48, is one of the beneficiaries of the foreclosure crisis. Through a small advocacy group of local volunteers called Take Back the Land, she moved from a friend’s couch into a newly empty house that sold just a few years ago for more than $400,000.

Much more of the foreclosure squatter story here.