Dubious Deeds Being Used to Take Over Miami-Dade

by Isaac Benmergui, Esq on March 25, 2013

Law booksWith the robo-signing crisis over, many people thought fraudulent foreclosures practices had ended in South Florida. It turns out, there is a wave of dubious deeds being used to take over Miami-Dade properties.

Last year, a partnership called Presscott Rosche appears to have purchased almost three dozen foreclosed homes in Miami-Dade County, and is listed as the owner of roughly $3.5 million in property, according to the Miami-Dade property appraiser.

The name of the company’s agent listed in state records appears to be fake, as are many of the deeds the company has filed in Miami-Dade Circuit Court, a Miami Herald investigation uncovered.

The company rented the properties out using dubious deeds and documents, authored by someone referring to himself an “attorney in fact,” though he is not, a licensed attorney in Florida. Homeowners have been surprised to find renters inside their homes that they never sold; the company allegedly forged homeowners’ signatures.

Miami-Dade police detectives are currently investigating the company for possible fraud, according to The Herald. Presscott Rosche representatives have not made themselves available for comment.

Presscott Rosche appears to target homes in the throes of foreclosure that have been vacated by the owners and left untended by mortgage holder lenders.

Getting Legal Help

The law offices of Isaac Benmergui can help you with your legal real estate needs; call 780-800-2510 or email Isaac@benmerguilaw.com for more information or to set up an appointment today.



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