Investors breaking into Cape Coral foreclosed homes - Breaking the law searching for Chinese drywall

By
Real Estate Agent with Sandals Realty

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

For all of your real estate buying or selling needs, call Shane Goushaw at 239-823-5280

Shane Goushaw

Licensed Professional Realtor 

Sandals Realty

(C)239-823-5280

(F)239-245-8042

www.WeLuvFortMyers.com

www.FortMyersRealEstateFloridaHomes.com

 

 

 

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Tags:
fort myers real estate
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chinese drywall cape coral
homes with chinese drywall in cape coral

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Rainer
6,717
Joseph Weissglass
Certified Chinese Drywall Testing, LLC - Miami, FL
Chinese Drywall Testing

unbelievable.  Honestly, why would any investor want a home that has Chinese drywall....there is no good way to fix these homes yet.

Apr 09, 2010 07:41 AM #1
Rainer
31,503
Joy & Shane Goushaw
Sandals Realty - Fort Myers, FL

Hi Joseph, I am just as bewildered as you are.   And, just because they do not "see" any evidence of CDW, that does not mean it is not present in the house. 

Apr 16, 2010 12:19 PM #2
Anonymous
JULES

Today they arrested 2 more investors breaking and entering in Cape Coral. They been taking them down frequently!! good job!!

Aug 31, 2010 10:44 AM #3
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Rainer
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Joy & Shane Goushaw

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