With California being #4 in foreclosures in the United States, many homeowners that are being foreclosed on are turning to some very unbelievable solutions.
- People in desperate times will due desperate things, with the foreclosure rate up many families are reporting that their home has been burglarized and turning in false claims into their insurance companies. It is a a shame that these homeowners feels that this is a remedy to their situation.
- Arson, yes, Arson, is on the raise, so many homeowners here have found that if they can not keep the home they set out to destroy it. Insurance companies are catching on they will do a background check and if your home is in foreclosure they will not pay out until and investigation has been done and it has been proven that you are not responsible for starting the fire.
It amazes me what the human spirit will do when times are tough. I know to many the solution that at the time seems to be an easy way out is really not. I find this situation to be very sad. No amount of discussion will change the facts. With this wave of foreclosures we will see many people take drastic measures.
Lorraine
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