February 6, 2012

‘Occupy’ foreclosed homes movement takes a strange twist in Brooklyn

Welcome to the foreclosure Twilight Zone, where a distressed homeowner struggles to save his property from bank repossession, while at the same time, attempts to evict the illegal Occupy Wall Street protesters who set up shop in his living room when he (unwisely) decided to leave.

Such is the curious case of Wise Ahadzi, a single father with two young girls, who vacated his house in Brooklyn, N.Y., when he could no longer afford to pay the mortgage. He apparently didn’t realize that he could remain in the home until the foreclosure was complete. In fact, the lender has recently confirmed that he is still the rightful owner of the property until the foreclosure process has run its full course.

Meanwhile, “Occupy” members targeted his house and vowed to fix it up and move in a new family, looking make a bold statement against the major financial institutions that the movement blames for the current economic crisis in the United States.

 

Ahadzi, according to the New York Post, was “livid” when authorities alerted him about the situation. He’s since pleaded with the protesters to fight for him, since you know, it is his house, but he was told “he doesn’t qualify” for assistance because he is not homeless — he moved to a “meager” two-bedroom apartment nearby while he sorted out his “mortgage nightmare.”

Unreal.

It’s unclear why authorities have not removed the protesters from the home and restored it to Ahadzi.

Regardless, Ahadzi is now fighting a two-front battle: Evicting the illegal squatters who laid claim to his property and negotiating a potential resolution on a mortgage in default to save a house in which other people illegally live.

And there’s no guarantee, when all is said and done, that he can win them both, if any at all.

Bizarro.

O.J. Simpson faces foreclosure on Miami house

O.J. Simpson faces foreclosure on Miami house
Even though he retired from the National Football League (NFL) in 1979, Hall of Fame inductee O.J. Simpson can’t seem to avoid the hits, which have come fast and furious since the 1994 murder of his estranged wife, Nicole Brown. Simpson — who was charged with her murder, but ultimately was found innocent after the [...]


Even though he retired from the National Football League (NFL) in 1979, Hall of Fame inductee O.J. Simpson can’t seem to avoid the hits, which have come fast and furious since the 1994 murder of his estranged wife, Nicole Brown.

Simpson — who was charged with her murder, but ultimately was found innocent after the “Trial of the Century” concluded — is facing foreclosure on the five-bedroom Miami, Fla., home that he purchased back in 2000 for $575,000.

To see Simpson’s preforeclosure listing on Foreclosure.com click here.

In an odd twist, the lender apparently attempted to serve Simpson “on a daily basis” with foreclosure papers; however, “Juice” is currently locked up behind bars in a Nevada prison, “serving a nine-to-33-year prison sentence in a 2007 armed confrontation with sports memorabilia dealers in a Las Vegas casino hotel room.”

According to the report from FOXSports.com, the attorneys for the former Buffalo Bills running back are attempting to have the foreclosure case dismissed. It’s unclear who is living in the house while Simpson rides out his jail term and/or what he intends to do with the property if he can rescue it from repossession.

Stay tuned.