I signed my home over to my daughter temporarily to protect it during my divorce. Now I’m 69 and living in an RV. Can I file for elder abuse?

Dear Moneyist,

In 2009, when the property market was crashing, I added both my daughters to the deed of my home so I would not lose the home to foreclosure during my divorce and, in case something happened to me, my daughters could keep the home.

It was only to be a temporary fix until I could finally sell the home, and both daughters agreed to sign off on the deed. By adding my daughter it allowed me to use her income to qualify for a loan modification. I, not my daughters, made all the payments. Fast forward to 2019.

My eldest daughter had received more than $760,000 for the sale of two homes that were given to her by her deceased former mother-in-law. This daughter has always spent her money foolishly and has terrible credit. Even with all this money, no one would rent to her because of her

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Moms 4 Housing-Inspired Law Regulating Sale of Foreclosed Homes Signed By Newsom

OAKLAND (CBS SF) — A bill prompted by the Moms 4 Housing occupation of a vacant West Oakland home late last year and signed by Gov. Gavin Newsom on Monday aims to increase homeownership in the state.

Senate Bill 1079, introduced by state Senate Majority Whip Nancy Skinner, D-Berkeley, requires foreclosed homes to be sold individually at auction rather than bundled and sold to a single buyer.

Following the Great Recession, corporations snatched up large numbers of homes in bundled foreclosure sales. Between 2006 and 2012, the number of owner-occupied single-family homes in California dropped by 320,000, while the number of renter-occupied single-family homes jumped by 720,000, according to the senator’s office.



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Moms 4 Housing group holds press conference outside Oakland City Hall, January 20, 2020. (CBS)

“SB 1079 sends a clear message to Wall Street: California homes are not yours to gobble

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