posted on Dec, 5 2011 @ 03:41 AM
Evening ladies and gents.
I came across this news article and subsequent video tonight where he is doing a newer special segment on his local CBS affiliate in Vegas against
mortgage fraud called "Desert Underwater". One point I found fascinating (albeit horrifying), is that many times when people are buying homes that
have been foreclosed upon in the past the paper work is invalid, which in turn MEANS that these people do not even own the homes they have been paying
on for years! Even worse, when George Knapp looked into his OWN home he found out that he does not own his either! Unbelievable!
Check out the news article and video here:
Reporter Investigating Foreclosure Fraud Finds Out He's A Victim Of Foreclosure Fraud
Three years ago reporter George Knapp of KLAS-TV purchased a foreclosed-upon house. Or at least he thought he'd purchased the home. As part of
his interview with a local lawyer, Knapp gave the attorney his home address to see what, if any, mistakes had been made during the foreclosure and
subsequent sale. Turned out it was a a little more than a mistake. After the attorney quickly discovered an error in the chain of title for the
property, Knapp contacted the Nevada Attorney General's office, which confirmed he did not actually own the house because of fake signatures and
It is SO refreshing to hear this mainstream media outlet (even if it is only local) taking a stand and talking about real issues and working to help
viewers fix these issues.
I do not live anywhere near Vegas, in fact I am in Canada but I carry dual-citizenship and what is happening in my home country just sickens me. Not
that it is not happening here in Canada, but the people residing in America are really getting the short end of the stick in my opinion.
If you want to see more about this "Desert Underwater" project George has going you can check it out here:
There are lots of good videos (with a horribly annoying 15 second myspace ads, but worth it) and articles to read through. I really do like George
Knapp and I wish him and residents of Las Vegas the best of luck with this!!
edit on 5-12-2011 by jar11 because: mistake in the title
edit on 5-12-2011 by jar11 because: clean up spelling and