Condo owner finds out he's been living and renovating in the wrong unit (DOH!!)

Ethiopian Review ^ | September 11th, 2009 | Mehret Tesfaye

[2banana]

Would something like this happen is there were no housing bubble?

And don't ask about this being in "Ethiopian Review"

Jonathon needs to hire a laywer. But at least it sounds like he has title insurance.

[FlingWingFlyer]

http://www.youtube.com/watch?v=KbY-Ofg8WaQ

[Jack Hammer]

I hate when that happens..

[pray4liberty]

Sounds like a scam the realtor and title company were running. They had better make this right.

[Beowulf9]

There’s always the mob’s answer, sudden unexpected arson fire:)

[Nathan Zachary]

Well, on the bright side, at least he won;t be living next door to a dump, unlike his neighbors, who should really get after him to fix his place up...

[70times7]

Would something like this happen is there were no housing bubble?

Well, assuming there actually was a housing "bubble" 6 months ago, the answer is yes; an imaginary bubble and this debacle are completely unrelated.

[omega4179]

I smell stupid on this. When you go through housing you see and sign a MAP that shows the real estate you are buying and the title search company is bonded and insured to cover any possible mistake they made.

[Recon Dad]

Same thing happened in Kenner, Louisiana some years ago in a very expensive home.

[FMBass]

Geez man, tough break! But, I can help you out. I’ve got this bridge that I’ve been meaning to sell, and I’m sure you can double your money in less than a year…

[devane617]

This is an old story I believe. I remember posting something like this from Denver several months to a year ago.

[70times7]

Sounds like a scam the realtor and title company were running. They had better make this right.

What do you base this conclusion on? How, exactly, would this scam run?

A huge screw up because of negligence and/or incompetence is not a scam, but it is certainly actionable.

[Gene Eric]

>> Well, on the bright side, at least he won;t be living next door to a dump

ROFLMAO

[PAR35]

This is an old story I believe.

Per Google, it looks like most of the stories are from early March.

[Nathan Zachary]

You’d think you’d notice the title having a “unit 5” specified on the address, and notice you were walking into the unit with a “4” on the door. At least I would.

[Wally_Kalbacken]

The title insurance covers the unit he actually owns, not the one he improved.

[PAR35]

But at least it sounds like he has title insurance.

Probably on the unit he bought. And it doesn't sound like there is any problem with that unit (except that it's a dump).

[70times7]

You cannot answer question 1, and that doesn’t answer question 2.

[devane617]

So, is this an old story? Sounds really familiar.

[devane617]

So, is this an old story? Sounds really familiar.