Watching the news yesterday I heard a story about a couple in California who had been arrested on vandalism and theft charges because they intentionally trashed their home.
The couple had been foreclosed upon and took their anger and frustration out of the house. I guess they thought that they were attacking the lender by reducing the value of their property.
That was until they got arrested on vandalism and theft charges.
How many times have you as an REO listing agent visited a property only to find the cabinets have been removed, the sinks have been removed, copper wire and piping has been removed, etc.
I often wondered what the banks did about this type thing if it was believed that the prior owners were complicit in the destruction. Well now we know. At least in this case they decided to go after the offenders. I will follow this case with interest and will post more as the information becomes available.