Posted on 09/13/2009 6:44:28 PM PDT by 2banana
DENVER He bought his first home, spent $30,000 fixing it up, and now, six months later, Jonathon Kyte has learned the home doesn't belong to him.
According to the City and County of Denver, Jonathon owns the dump, next door. He found out about the mistake almost by accident when he received a map which showed the unit he's living is actually unit No. 4.
"I froze. My wife and I were just speechless," Kyte said.
Kyte owns the deed and title to unit No. 5.
Jonathon blames the Coldwell Banker listing agent for the mistake. She marketed the property and provided the key to the unit Jonathon and wife have been living in.
He called the listing agent again and again, but she wouldn't return his calls. He also called the title company, "Colorado American Title," and an employee promised to get back to him, but never did.
So Jonathon called FOX 31 News. We confronted the listing agent's supervisor, but he would not comment on camera. He said their lawyers were looking into the situation.
Jonathon is now considered a squatter in unit No. 4, and the people who were so willing to sell it to him, are now unwilling to help.
I'll bet ya breakfast in the morning that his title insurance covers Unit No. 5 Described above as "the dump next door"
The one filed at the courthouse after the error was discovered certainly will!
Same thing happened in Kenner, Louisiana some years ago in a very expensive home.
Same thing happened when Obwama moved into the Whitehouse. Some poor soul is stuck living in a mud hut in a Keyna slum because of an error on Zero's COLB.
Assuming the agent showed him #4 and gave him keys to #4 he still passed papers on #5.
Title insurance is a very profitable business, and almost completely worthless to the people who buy it.
“I hate when that happens..”
LOL!
Yep. But it would have been the agent’s mistake, if it was a mistake and not intentional fraud.
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