Pages

Showing posts with label odd news. Show all posts
Showing posts with label odd news. Show all posts

Tuesday, June 15, 2010

Foreclosure Violated Military Act: Yet Another Reason Not to Live in Texas

*** A soldier returns from Iraq only to find his own Homeowners' Association sold his home at sheriff's auction.





From Denny: The whole neighborhood is in an uproar to discover a Texas homeowners' association thought nothing of it to foreclose on a house only owing a mere $800 in dues. A more than $300,000 house sold at sheriff's sale for a pittance to "an investor": $3,200. Then the homeowners' association re-sold it for the low price of $135,000 to another investor who proceeded to evict the original homeowners, the family of National Guard Capt. Michael Clauer.

Just one problem here, folks, there is the Servicemembers Civil Relief Act (SCRA). This federal law has been around since World War I to prevent sleazy businessmen from profiting unfairly while soldiers are on active duty away from home. The only way to foreclose on a military service person is for it to be ordered by a court. Yet the law did nothing to protect this military family. And that's the heart of so much of what is wrong in America today: we have the laws to protect yet no one enforces them so they end up toothless.