Solon Police Officer Robert Bozak responded to 39910 Lochmoor Drive in Chagrin Highland Subdivision in Northeast Solon on a report of breaking and entering on November 15, 2013. Carmen Uroic, a subcontractor for Altisource reported that copper pipes and other items were missing from the foreclosed property.
Carmen Uroic advised that the property was foreclosed in April 2013. He had changed the door locks in August 2013. At that time the drywall was damaged and copper pipes were removed from three bathrooms and a laundry room on the second floor, one bathroom and laundry room on the first floor. In the basement all the copper pipes were removed in addition to a hot water tank and gas furnace.
Chagrin Highlands Subdivision in Solon
The owner of the property at 39910 Lochmoor Drive is US Bank, Trustee. Altisource, based in Atlanta Georgia, provides services to sub-prime servicers, government agencies and many lenders, servicers, investors, mortgage bankers, credit unions, financial services companies and hedge funds. William Shepro is the CEO of Altisource.
Chagrin Highland subdivision is located in former Councilwoman Toni Richmond’s City of Solon Ward 3. City of Solon is currently accepting applications for this Ward 3 city council representative vacancy.
According to the records of the Cuyahoga County Fiscal Officer, a single family dwelling at 38710 Flanders Drive, Solon, Ohio was sold to Deutsche Bank National Trust Company by Ogbonnaya Edeh via a Sheriffs Deed for $440,000 on May 11, 2011. The combined value of the land and building is stated as 850,000. In September 2007, Cuyahoga County Prosecutor’s Office provided a press release titled, Four Mortgage Fraud Cases Indicted-4 Houses in Solon, Ohio-Over $2.6 Million in Fraudulent Loans
The fourth Solon case involves a new house at 38710 Flanders Drive. Ogbonnaya Edeh, 49, of Cleveland, fraudulently obtained an $850,000 loan from New Century Mortgage Company. He never made a down payment, never saw the inside of the house before the purchase, and never lived in it. Edeh was employed as a local cab driver, but he falsely stated he made $150,000 as a structural engineer for Classic Tango Engineering, and Phillip Taylor, the owner of that company, falsely verified Edeh’s employment and income. Edeh received $31,000 for this scam. Brian Chenoweth, president of Widdershin One, Inc., and Ike Osuji, a middle man, who posed as a buyer, were also indicted for their involvement in this scheme. Edeh was a “straw buyer” in this scheme that involved other individuals, including Stephen Holman and Jeffrey Brown of Buckeye Lending, Inc. After Edeh purchased this house, Holman and Brown leased the home to a tenant, who signed the lease with Brown’s company, Marketing Land and Concrete, LLC. That tenant made rent payments that were intended to pay the new mortgage and these payments counted toward buying the home. However, the tenant he lost his $6,000 initial down payment and $22,600 in lease payments before realizing it was a scam. Neither Brown nor Holman used these payments to pay the mortgage obligation to New Century. Each defendant was indicted on several theft and forgery related charges, which range in prison time from one to five years. The house is now in foreclosure.
NE Solon Ohio Foreclosed Homes (2006-2010)-Click To Enlarge
This map from Cuyahoga County data shows homes that were in the foreclosure process during 2006-2010 in northeast Solon Ohio. Northeast City of Solon Ohio includes the subdivisions of Chagrin Valley Estates, Chagrin River Farms, Chagrin Highlands, Delamere Court, Meadow Lane, McAfee, Sherwood Park, Sherbrook, O’Neills Landing, Brushwood, Colonial Forest, Churchill Downs, Bainbridge Park, Highland Loch and Coverly.
Foreclosed Homes in Northwest Solon Ohio-Click To Enlarge
This map from Cuyahoga County data shows homes that were in the foreclosure process during 2006-2010 in northwest Solon Ohio. Northwest City of Solon Ohio includes the subdivisions of Ingomar, North Park, Brainard Estates, Parkside Trail, North Woods, Kleinman Sheridans Park, SOM Hills, Ledge Hill, Holly Hill, Hidden Lakes, Cheswick, Brighton Park, Meadow Lane, McAfee, High Point, Springside, North Woods, Clandon Park Estates, Briar Hill, Carriage Park, Spring Lake Colony, Canon Estates, Emerald Ridge etc.
Foreclosed homes in Southwest Solon Ohio (2006-2010)-Click To Enlarge
This map from Cuyahoga County data shows homes that were in the foreclosure process during 2006-2010 in southwest Solon Ohio. Southwest Solon Ohio includes the subdivisions of Liberty Hills, Hunt Club, Oakview Estates, Meadow Estates, The Allotment, Arthur Meadows, Greenfield and the ABC Streets neighborhood.
Foreclosed home in Southeast Solon Ohio-Click To Enlarge
This map from Cuyahoga County data shows homes that were in the foreclosure process during 2006-2010 in southeast Solon Ohio. Southeast Solon Ohio includes the subdivisions of Signature of Solon I, Heritage Landing, Heritage Estates, Luczek, Thornbury, Preserve, Ayleshire, Signature of Solon II a.k.a. Sycamore Estates, Huntington, Union Properties, Timber Trails, Forest Hills, Summerset, Solon Acres, Svoboda, Creekside Estates, Cambridge Park, Windy Hill, Deer Lawn Farms, Rolling Brook, Willow Grove, Woodlands, Longview and Solon Small Farms.