Sunday

BEWARE: Would-be homebuyers find themselves in ownership limbo

By LESLIE BERKMAN

The Press-Enterprise

When Ryan Zimmermann last month arrived for a walk-through of the four-bedroom Corona house he had just bought at a bank auction, he got a big surprise. Someone else had moved in.Unable to close escrow on his $483,000 purchase, Zimmermann is living in a camper near his job in Anaheim. His wife and two young sons are staying with relatives in Montana while he waits for Deutsche Bank, from whom he bought the house, to prevail as the legal owner.David Dobbs, 27, refuses to leave. Neighbors said he showed up late one night a few weeks ago and unloaded his belongings from a small trailer. He filled the once empty swimming pool and spa and had cable hooked up to his wide-screen television.


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