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New Zealand investor struggles to evict long-term resident after purchase at mortgage sale.
A New Zealand property investor is facing difficulties after purchasing a home in a mortgagee sale.
The homeowner, who has lived in the property since 1982, refuses to leave, claiming the house is worth $3 million and accusing the investor of theft and murder.
Despite gaining a possession order, trespass notice, and eviction order, the investor cannot collect rent or secure insurance.
Property investment coach Steve Goodey cautions that such sales can bring unexpected complications.
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Inversionista de Nueva Zelanda lucha para desalojar a residente de largo plazo después de la compra en la venta de hipotecas.