What to do if a 'squatter' is occupying one of your bank-owned properties

  • Some people are moving into vacant properties claiming to be victims of rental scams and demanding money from the homeowners (usually a bank) to vacate.
  • A team lead in Las Vegas is dealing with what she says is a "squatter" situation; the man moved in on Memorial Day, the day before the house was to go on the market.

We’ve all heard the sob stories about renters finding homes on Craigslist that weren’t actually for rent — they’re scams. Well, what happens when someone moves into one of your listings claiming to have been “had” in this way?