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All Forum Posts by: Michael Meyer

Michael Meyer has started 1 posts and replied 2 times.

Post: Quiet title against HUD

Michael MeyerPosted
  • Posts 2
  • Votes 0

Well I was just down the street at the house talking to someone who was cleaning up the yard. She said she.was working for HUD and that they would eventually take the house back so I think I'll hold off on trying to quit claim, etc.

This brings up another question then.

Is there any way to force a foreclosure on these abandoned houses?

The executor of the estate has no interest in the house and HUD has been dragging their feet for 4 or 5 years now.

In the meantime our neighborhood has this ugly, boarded up, ripe for squatting house just sitting there.

Is there any recourse against HUD or other lenders in a case like this?

Thanks

Post: Quiet title against HUD

Michael MeyerPosted
  • Posts 2
  • Votes 0

Thank you for inviting me to join this forum. My question is about Quiet Title action. I am trying to acquire a quit claim deed to a property in my neighborhood. The property has been abandoned for probably 4 years now. The owners are deceased, however, there is a son who is the executor of the trust that the property is in. The house has a reverse mortgage on it through the Secretary of Housing and Urban Development. There have been multiple incidences of squatters and drug activity in the house. I have been in contact with the executor of the trust many times in the last couple of years. I have assisted in helping him to evict the tenants and he has boarded up the house and posted no trespassing signs. As the house has a reverse mortgage for about three times the value today, the son really has no interest in keeping this house or maintaining it. If I'm able to acquire a quitclaim deed to this property I would then like to file for quiet title action. I am wondering if anybody has any experience with that against HUD. Again, the house has been abandoned for several years, has had lots of previous drug activity, and problems with squatters. I believe that this house may have fallen through the cracks and might be worth trying to quiet title action. Thank you for your consideration.