Questions??? Cuyahoga Metropolitan Housing Authority now owns these two properties in Brooklyn Centre--3722 Mack Court* and 3206 Mapledale*. [1] Look them up on the Cuyahoga County Auditor's website. Both houses have been outfitted in the latest in exterior home security care of VPS--Vacant Property Security. [2]So, what's the story? Here's an idea of how the above properties look with an image from VPS' website. Any one care to elaborate here?
*Please look at the transfer data, make your own judgement
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Jason Beudert is a straw buyer--the media made a big deal of it on the east side, when the players were black:
http://blog.cleveland.com/metro/2008/10/cleveland_councilmans_sleuthin.h... [4]
http://blog.cleveland.com/metro/2011/07/mortgage_fraud_brings_32000_fi.h... [5]
http://blog.cleveland.com/metro/2011/10/despite_convictions_main_targe.h... [6]
(See Tony Viola connection)
but skipped over the story on the west side when the players revealed were white:
http://realneo.us/content/vacant-property-solutions [7]
http://blog.cleveland.com/business/2009/03/have_a_dollar_you_can_a_house.html [8]
(see Tony Viola connection and how foundations figure into this story...)
I try to get some one to cover this story to no avail. Because, if you help the rich get richer in America...that's capitalism. And, it is why we have folks protesting today.
Straw buyers are paid to quickly pick up the property and then it is quickly transferred to an LLC. In some cases, especially on the east side, straw buyers were paid to take out an inflated subprime mortgage [9] on the home and then to intentionally foreclose.
On the west side, Jack Peterson bought home after home on Archwood Ave. Then, defaulted on the mortgage and walked with some properties picked up by Aurora LLC then transferred to Brian Bobula* [10]to Angel Bobula. Somehow, Jack Peterson ended up "purchasing" a home on Holmden in the "Model Block" Tremont neighborhood...from HUD.
The "nice" Irish Shaker Heights grad and Chicago school guy who bought a house on my street had his shady cousin buy the property at sheriff sale, which the cousin ran into the ground and then transferred to BC Real Estate LLC, died in lieu of foreclosure. And on and on.
Look, especially at how the taxes are NOT paid on these flipped properties: Also on my street--Beachwood landlord Lucky Ogor rented Section 8 properties for years and continued to collect rent, while never paying taxes on his properties.
Believe me, our county treasurer knew of these loopholes for years and this special favor was conveniently overlooked at tax collection time. I am hoping CMHA's George Phillips will sing on the HUD machine: [11] Lucky Ogor recently transferred his property to IKAN Associates, Inc.
Consider these two major LOOPHOLES: Our former county treasurer Jim Rokakis [12] and his buddy Gus Frangos [13] had enough time to legislate the exclusive sale of tax liens to Plymouth Park and the creation of the unregulated quasi-government agency the "Land Bank [14]," but OVERLOOKED 1.) the fact that properties in Ohio can transfer title without paying off existing tax liens and 2.) that landlords can continue to collect federal HUD Section 8 Voucher monies, while in tax foreclosure???
*http://realneo.us/content/twdc-and-continued-nightmare-residents-giglio-schmitt-bell-redu
Links:
[1] http://maps.google.com/maps?q=3206+mapledale+cleveland+ohio+44109&ie=UTF8&gl=us&ei=fqfPSve1N-jk8AaS1an1Aw&ved=0CAsQ8gEwAA&hq=&hnear=3206+Mapledale+Ave,+Cleveland,+Cuyahoga,+Ohio+44109&ll=41.454435,-81.704335&spn=0.007639,0.013754&t=h&z=16&layer=c&cbll=41.454438,-81.704442&panoid=fBsllWuMuSU2BsGpZpRN7w&cbp=12,42.08,,0,5
[2] http://www.vacantpropertysecurity.com
[3] http://realneo.us/../../../../../content/our-lady-mercy-catholic-church-tremont-sold-now-our-ladies-gentlemen-niteclub-liquor-cigars-%2523comment-32302
[4] http://blog.cleveland.com/metro/2008/10/cleveland_councilmans_sleuthin.html
[5] http://blog.cleveland.com/metro/2011/07/mortgage_fraud_brings_32000_fi.html
[6] http://blog.cleveland.com/metro/2011/10/despite_convictions_main_targe.html
[7] http://realneo.us/../../../../../content/vacant-property-solutions
[8] http://blog.cleveland.com/business/2009/03/have_a_dollar_you_can_a_house.html
[9] http://en.wikipedia.org/wiki/Subprime_lending
[10] http://www.realreturnrealestate.com/index.php?view=article&catid=40:strategic-partners&id=158:urban-home-buyer-brian-bobula-cleveland-real-estate-investor&option=com_content&Itemid=96
[11] http://www.cleveland.com/countyincrisis/index.ssf/2011/04/cmha_head_george_phillips-oliv.html
[12] http://realneo.us/../../../../../content/hush-money-bribe-or-donation
[13] http://realneo.us/../../../../../content/gus-frangos-president-and-general-counsel-cuyahoga-county-land-reutilization-corp-are-you-no
[14] http://realneo.us/../../../../../content/milking-dead-cow