My Broker, Ernesto Rijavec at Sandals Realty in Fort Myers, posted the article below on facebook:
Investors breaking into Cape Coral foreclosed homes
Breaking the law searching for Chinese drywall
Cape Coral, FL - Cape Coral police are investigating a "new" crime in the city. Home investors are paying people to break into foreclosed homes to check appliances and lighting fixtures to search for Chinese Drywall. When banks release homes to go to auction, many are sold "as is". Investors attempting to beat the system, break into the locked up homes to determine if the investment is worth it.
Homeowner John Somers says the bank hasn't taken possession of his home yet, even though it is scheduled for auction on Wednesday, March 31st. Somers fears he will be held responsible for all the damage caused by unscrupulous investors.
Alejandro Valdes was arrested on Monday morning for tearing away aluminum hurricane shutters in an effort to gain entry to the home. Less than 8 hours later, WINK News confronted one man who entered Somers' home illegally. He admitted knowing what he was doing was illegal and continued taking photos as we continued to video tape him.
Cape Coral police say the man will be charged with criminal trespass. Information on the case is being sent to the State Attorney's office for review. More charges may follow.
By WINK News
Story Created: Mar 29, 2010 at 10:31 PM EDT
Licensed Professional Realtor