Tuesday, June 14, 2011

The Home Equity Theft Reporter Cases & Articles: Fight Between Alleged Slumlord Facing Foreclosure & Bank Over Collection Of Rent Payments Leaves Milwaukee Tenants Caught In The Middle

The Home Equity Theft Reporter Cases & Articles: Fight Between Alleged Slumlord Facing Foreclosure & Bank Over Collection Of Rent Payments Leaves Milwaukee Tenants Caught In The Middle

SATURDAY, MARCH 6, 2010

Fight Between Alleged Slumlord Facing Foreclosure & Bank Over Collection Of Rent Payments Leaves Milwaukee Tenants Caught In The Middle
In Milwaukee, Wisconsin, WITI-TV Channel 6 reports:

A foreclosure faux pas and the link to a notorious landlord. Some east side renters say they're caught up in someone else's financial woes, and caught up in a rent paying run around. One apartment with two places to send the rent check. That's the dilemma some on Milwaukee's east side is facing. Some aren't even sure if they'll be living in their rental the next day.
About a dozen live inside an east side apartment complex. For some it's home, for Laura Burmester it's been uneasy living. She was given a notice threatening eviction February 9th. "It's just really frustrating...just constantly nervous like when you get a phone call what's going to happen next...always have paid our rent in full."
The problem is she's not sure who to send the rent to. January 28th a letter from Waterstone Bank says they're the owner of the mortgage of the building she lives in. The property is in the process of foreclosure and to send payment to a management company called Milwaukee Investment Realty. About two weeks later she says she got a letter of apology from the previous landlord. It read sorry for the recent confusion, but to pay them. "It's just become a headache now, and everyone's looking for money and we don't know where to send it."
What was clear was the threat of eviction from her landlord listed as Tim. When the tenants called the number the name they got was Tim Brophy. In several legal documents Tim Brophy is called a defendant, he's also called one of Milwaukee's most notorious slumlords. Cited over and over again for city violations. He's been the subject of FOX6 Investigations.
For the story, see Milwaukee renters caught in crossfire of battle between notorious slumlord and the bank.

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