Figures on vandalized foreclosures are hard to come by, because owners can legally do what they want with homes until lenders seize property titles
Usually a person just takes a stove or breaks a window, but Burton had one case where someone ripped out plumbing, wiring, heating – “just about everything imaginable. The walls were kind of demolished and anything of value was removed.”
Sticking it to the man! I love it. So just remember, it’s your house and you can do WHATEVER you want to it before the bank takes it back.
EDITOR’S NOTE: Would anyone be surprised to hear that Tom Carper is introducing legislation that would allow Banks to go after “trashout” forclosed homeowners for civil and criminal penalties? I wouldn’t.