That sort of thing is what I try to explain to people who think that owning real estate outright means better security. It doesn't, in fact it makes your property even more of a target for forfeiture action because it is EASIER for the legal system to seize, since they don't have to fight a well connected NY Jewish/Zionist/Mafia/Masonic/Cartel organization to grab title to the asset, just little ol you. Those are the people who can degrade the municipal bonds from that jurisdiction and screw them hard in revenge for seizing a bank owned asset. That's not even including finding out the names of everyone even remotely involved with that agency and doing things to screw their credit. Don't forget, you are talking about agents, prosecutors and other officials who have their own names all over other loan paperwork and also do their own private business that usually requires varying levels of private financing. The "banksters" can and will put them on the payback is a bitch program even if officially, they can't ding their private credit ratings for it. That's not even getting into foreign sovereign investment. That's nationally owned retirement funds and investment houses in foreign countries, the types who will have embassy and consulate staff knocking on someone's door if they take too many large dollar hits. They don't even knock on the door of the poor schmuck who had no control over the forfeiture action, they figure out quickly which decision maker's door to knock on.
The absolute best way to protect yourself on that is to get a mafia sourced loan from some shady out of state broker who will process a fixed APR type loan then sell the paper within six months to some foreign capital investment group. You then harvest cash out with equity loans whenever you do any significant improvements on the property and invest or save the cash in some means that makes a profit in excess of the interest on the loan. The longer you do that, the more the various loan brokers will buy and sell that loan paperwork and property title back and forth between each other.
What eventually happens is someone on their end fucks up a loan or title transfer which makes it impossible for anyone to clear the title on the property without settling it out entirely with cash, since so many political and legal entities would have a claim on any dispute that the Vincent Kelly's of the world look at that and know damn well they would never be able to market the asset. As a matter of fact, it even becomes exceedingly difficult for any of those financial interests to even repo the property if you just stop making the loan payments.
I learned all of that living in a neighborhood in California among lots of sue happy lawyers, many of whom were recognized as among the best in the nation at that game. Once they decide the government has not played fair on something and it personally hurt them, look the hell out, since they can and will orchestrate payback.
Asset positioning is an art form, especially when you functionally have to deal with a greedy corrupt police state. That poor hotel owner thought he was just snitching his way to friendship with the police, but that's making friends with the rattlesnake. They are not going to change their nature when it comes to pulling a million dollar profit out of a betrayal.
