"Let them touch those things for once."
Posted on 02/04/2009 8:50:28 AM PST by LibWhacker
Some owners of foreclosed homes are stealing appliances and leaving the houses damaged and in disarray, MyFOXOrlando.com reported.
Realtors complain the trashed houses are harder to sell.
Homeowners upset at banks that are forcing them out have been hauling items from their houses and selling them, the station said. They're also damaging walls and floors.
(Excerpt) Read more at foxnews.com ...
Technically, they own at least a level of interest in it that equals their prior stove. Of course, if you sell the home, or pay it off and keep it, then they own none of it, as you will have paid them in total.
Well, gee whiz! Go figure. Whoda thunk?
Our daughter and her husband just bought a house in NoVA. Almost everything they looked at had been trashed. In one house the water had been left on to flood the place and mold was everywhere. These were not cheap homes either.
why shouldn’t they?
you should see how NOT helpful the banks are with their alleged work outs.
The new loan payments are often HIGHER than the original because they banks tack on the forclosure expenses and do not account for the inflated appraisal at the closing.
The banks should just allow “occupant short sales”.
IF the home is going to be shorted for 1/4 of its loan value, then just allow the current occupant to do a “new buy” at the REALISTIC value of the house.
The bank gets its write off, the owner/occupant gets their house they asked for (old chinese curse, may you get all you ask for)
The banks are being penny wise and pound foolish. Then again that is how the banks came to hold their hands out.
As a landlord, that is one of my nightmares. I will not post the rest of them.
I am a contractor; one of my customers purchases reposessed homes. Probabaly 70% of the people purposely trash the homes on their way out. There are usually holes in every wall and oor in the home, they scratch countetops and tubs, we have been greeted with fesces on the walls, frozen pipes, writing on walls with blood..... such a nice class of people.
Why does it work that way, when car loans require the lender to have the title?
That's a good point. We did the same thing. When we sell the house, the dishwasher, fridge and stove are either going with us or the new owner will have to pay for them.
"Let them touch those things for once."
Make it known that you intend to keep the stove when you list your house, and most importantly, write it in the sales contract.
When you sell your house be sure to tell the r.e. agent that the appliances are not being sold with the house. Anything attached is considered part of the house, e.g., light fixtures, disposal, dishwasher.
It’s not just Americans that are like this, it’s PEOPLE. No matter where you go people do these things.
A*sholes are borderless.
Nonsense - if you think your mortgage company owns your range, send them a bill for repairing it.
If they pay it, get back to me.
I had a rental property in which after evicting the tenant we had to use scoop shovels to even start to clean it out. There was two-foot deep garbage in every single room.
Fixed everything, sold the place, and haven’t had a rental property since.
That’s meesed up, it’s their own fault they are in that situation. Getting mad at the bank and doing something like that is not very mature to say the least.
I do hear a lot of stories involving feces.
Haven’t seen a “coppertone” refrigerator in 30 years!
I saw a while back where one bank paid the foreclosed so that they would leave the property in good condition. Paying a small amount of cash is a good idea. This article mentioned a figure of $500 for all the appliances. That sounds reasonable because the market for used appliances would get glutted real fast with all of the stealing going on.
People here in MI are not just taking built in stoves and dishwashers, but A/C units, furnaces and copper pipes.
If they don’t, someone else does. I live in a Northern Suburb of Detroit. About an hour away from Downtown. In my burb, that is 2.2 miles, we have 60 homes on the market. Many abandoned. We watch those homes because people have pulled trucks up to them in broad daylight and attempted to strip them clean. We watch for each other, but it’s hard sometimes.
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