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Real Estate & Property Law

: The Home Equity Theft Reporter

Title Insurer's Lack Of Action On Subcontractors' Mechanics Liens Filed Against Bankrupt Developer Leaves Recent Homebuyers In Refinancing Limbo

By r morris

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In Woodstock, Illinois, the Chicago Sun Times reports:Woodstock resident Deborah Sinnett's taste of the American dream has turned sour big-time, and she blames bankrupt Streamwood-based home builder Kirk Homes. Since Sinnett moved into her $355,000 Kirk home in December, 11 liens have been placed against the property by companies claiming they weren't paid by Kirk.(1) She faces the threat of

Full post as published by The Home Equity Theft Reporter on July 06, 2009 (boomark / email).

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