Mason Mauck
New Member
- Jurisdiction
- Iowa
Hello all, I've had the misfortune to find out that my 80 yr oldfather in Iowa (I live in Florida) has been both physically abused by a son (brother in Iowa) and also was financially taken advantage of in a real estate transaction.
The physical abuse: brother repeated manhandles Dad, neighbors call police by my Dad, who is in fear of the brother, will not press charges.
The financial abuse: my brother, who had lived with my father (rent free) in my Dad's rental got Dad evicted because of loud parties and trash in the yard. Brother talked Dad into buying him a house, laying down a big downpayment and Dad could "stay" there by paying the monthly mortgage. This was a $50k house and again, dad paid the downpayment and all of the monthly payments. THis house was 100% in my brothers name
7 years go by- Brother threatens to kick Dad out unless he "buys" the house just last April. So, after dad made 100% of the downpayment and monthly mort. payments, he forces Dad to "buy" the house from him for $80,000.. Dad pays him $80k with NO appraisal. THe house is in horrid condition and wouldn't be valued anywhere close to $80, in fact, probably not $50k
I spoke with my father last night, he's scared of my brother and said that the brother claimed there was a bidding war for the house and that either dad coughed up $80k or he was to be thrown out in the street.
So, I'm googling Iowa FInancial Abuse Laws and see that Senate Bill 522 was passed but didnt' become law until 7/1/22. So, before I contact the Iowa Attorney General, was this financial abuse grandfathered in so nothing can be done? What Else can I do>?
The physical abuse: brother repeated manhandles Dad, neighbors call police by my Dad, who is in fear of the brother, will not press charges.
The financial abuse: my brother, who had lived with my father (rent free) in my Dad's rental got Dad evicted because of loud parties and trash in the yard. Brother talked Dad into buying him a house, laying down a big downpayment and Dad could "stay" there by paying the monthly mortgage. This was a $50k house and again, dad paid the downpayment and all of the monthly payments. THis house was 100% in my brothers name
7 years go by- Brother threatens to kick Dad out unless he "buys" the house just last April. So, after dad made 100% of the downpayment and monthly mort. payments, he forces Dad to "buy" the house from him for $80,000.. Dad pays him $80k with NO appraisal. THe house is in horrid condition and wouldn't be valued anywhere close to $80, in fact, probably not $50k
I spoke with my father last night, he's scared of my brother and said that the brother claimed there was a bidding war for the house and that either dad coughed up $80k or he was to be thrown out in the street.
So, I'm googling Iowa FInancial Abuse Laws and see that Senate Bill 522 was passed but didnt' become law until 7/1/22. So, before I contact the Iowa Attorney General, was this financial abuse grandfathered in so nothing can be done? What Else can I do>?