I think the victims have a negligence cases against the Title Company, Appraiser (if one was used) and the Realtors involved in their purchase, assuming the buyers weren’t complete idiots and did everything alone. The chain of title tells the story and should have shown the use change to single family while keeping the property zone multifamily. They are being overtaxed. There’s a whole lotta fraud and incompetence goin’ on there.
“I think the victims have a negligence cases against the Title Company, Appraiser (if one was used) and the Realtors involved in their purchase, assuming the buyers weren’t complete idiots and did everything alone. “
They knew. They chose to buy anyway.