Wednesday, January 11, 2012

Operators Of Outfit Suspected Of Snatching Foreclosed Homes Defend Their 'Non-Profit' Racket

In San Diego, California, KGTV Channel 10 reports:

  • Foreclosed homes in the South Bay are the subject of a dispute between real estate agents who want to sell them and a nonprofit group that has taken the titles and are renting them out.


  • Dexter and Dianne Brown formed Prudent Constituents Association (PCA) nine months ago after they were foreclosed upon. "All these homes where people are being evicted by the lenders are wrongful evictions," said Dianne Brown, who also goes by the name Harmony.


  • Using quick-claim [sic] deeds and other processes she won't name, PCA takes over a foreclosed home and rents it out. "The money from the rent goes to pay for taxes and litigation," Dexter Brown said. The lawsuits, according to the Browns, seek retribution against the lenders.


  • "When the case gets settled that's when PCA will split the award with the owners. If we can't find the former owners, then the money will go into a trust with the state," Dianne Brown said.


  • Some realtors 10News spoke to have called it a scam. The Browns, however, insist they are working for the public good. "All you have to do is research your rights. That's what I've done and that's what I am doing and that's how we're helping the people we are," Dianne Brown said.

Source: Group Responds To Foreclosure Scam Allegations (Prudent Constituents Association Says They Are Renting Foreclosed Homes Within Rules).

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