Originally Posted by MoochNNoodles
What!?!?! I'm curious how this will turn out!
I haven't heard anything more about it. Given the fact that while the owner apparently had been in discussion with the guy to sell it to him, but nothing was concluded and no money exchanged hands and no contracts were signed, the guy had no right to evict the tenants and rip down the house.
How the owner is going to recover the value of the house I have no idea. There would obviously be a judgement awarded to the house owner, but whether he collects on it or not is another thing. It will take 40 years to collect if they have to garnish the guys wages and if the guy is on welfare you can't garnish.
The house must have been insured, but will the insurance agency pay in this situation? IMHO they should because it being demolished was the result of "an act of violence...a crime" no different than if someone had broken down the door and vandalized the interior of the house or set it on fire.
It is an intersting situation to say the least.