Toronto police seek public's help after house sold without owners' consent | CBC News

  • 📰 CBCToronto
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 61%

Property Property Headlines News

Property Property Latest News,Property Property Headlines

In a news release Thursday, police say Toronto homeowners left Canada for work in January of 2022 and learned, months later, that their property had been sold out from under them without their knowledge.

Investigators trying to ID 2 suspects who allegedly posed as homeowners and sold propertyA Toronto police spokesperson said a complex mortgage fraud is not the victims' fault.

According to police, a man and a woman used fake identification to pose as the homeowners. They then hired a realtor who listed the house for sale.Now, investigators are asking the public to help identify two suspects, whose pictures are below. A Toronto police spokesperson declined to provide additional information about the case when CBC Toronto followed up.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

I wonder if the couple who sold the house were “friends” of Ford!

IRPlawyer IanRunkle LegalEagle the article doesn't say who legally owns the house now and kind of implies it belongs to the party who paid the fraudsters? What happens here? Shouldn't the rightful homeowners be able to walk up with a locksmith and claim the house back?

Still, the Public doesn't know, about Francisco (who shots and killed 5 People, a Week before Christmas). What was the Motives, to kill those People? Are they trying to take his Condominium unit? I don't know, all of them. But, is it a related situation? Can we learn from it?

This does bring up the question: if you’re gone any length of time, doesn’t insurance require you to have someone check on the house?

Awful.

This is Fake Business in its purest form TimJDillon

Hahaha... who's liable there?

Doesn't the owners still own the house? It was the buyer who was scammed out of their money, not the other way around.

How did they get inside to show the house to prospective buyers?

Am I the only one who thinks this is kind of hilarious ?

I'm so old, I remember the only way you could get robbed by anyone selling your house, was by the real estate commissions.

Agents and brokers have only $ signs in their eyes

That’s what happens when you keep treating housing as a market not a right.

27% of all real estate brokers/agents are current or former criminals!

What’s the follow up? Do the real owners get their house or money back?

Too bad we don't deport criminals anymore.

hard to believe the neighbors didnt think something was up

'Baron said existing homeowners can protect themselves through title insurance, while real estate brokerages can use the land registry service to verify the owner of a property.' PUH-LEEEZ! How about the real estate brokers just do their job and pay attention!

How they made fake identification? Did they know a guy who knows a guy who knows a guy?

Agent should go to jail and loose their license.

The owners get their houses back, and the purchasers get their money back. Aside from the insurance/banks, and the real estate broker, it's kind of a victimless crime. But I do wonder if the owners were in on it.

These two had some insider info on the owners to forge the IDs. They likely also knew they would be gone on a long vacay. If they managed to get out of the country with the cash, and they don't get identified, it's a perfect crime. I'm actually surprised this isn't attempted more

Would having a lien on the house stop this from happening? $0 balance on a line of credit, where the house is the collateral.

Wtf can the public do lol

Will they get their house back?

So what happens now? Who’s on the hook for things?

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 51. in PROPERTY

Property Property Latest News, Property Property Headlines