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.

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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?