Return of the House Thrashers

[gary_broker]

As a broker I remember the last foreclosure spike that took place after the big run up in the late eighties. During this period a small percentage of foreclosures took a beating as the soon to be ex-homeowners vented their frustrations on their way out of the door.

I witnessed the results of some pretty outrageous and inventive acts by the soon to be vacated owners. Activities such as busting out all the windows and throwing bucket loads of paint all over a house were fairly commonplace. I even saw a home with a humongous middle finger painted on the roof..lol. My personal favorite was a very nice custom home at the top of hill. The pissed off owners packed all the drains with cement and then sealed up all the low level doors and windows with caulking. Prior to climbing out one of the windows they turned all the faucets (tub & shower included). The water ran for two days before someone got suspicious of all the water pouring down the long driveway.

Well today I went to look at a fairly high end REO in Westlake Village (~1.4M). A note in the MLS said to please call the listing agent regarding condition of the house (hmmm..). It’s De ja vu… paint thrown all over the house (walls, ceiling, and carpet), every SS appliance beaten in with a hammer and scratched to hell (DW, Sub Zero, ovens, MW etc). Wood flooring beaten with the claw end of a hammer, every bathtub and sink filled with paint and caulk, water left running in an upstairs bathroom etc… etc..

They’re Baaaaack…..

[ucodegen]

The banks should pursue charges against these people for felony vandalism. Until the house is completely paid off, the bank is co-owner in the property. Damage in the amount excess of $5000 can make it a felony (up from a misdemeanor).

To do so, the banks would need to move real quick after NOD/NOT and monitor the property(something they are not used to doing). They should also notify that they current ‘owners’ will be charged with criminal vandalism and may see the inside of a jail cell should this happen before they vacate. They should notify the present ‘owners’ that they should notify them when they vacate, and if after vacating, they attempt to return and/or vandalize the property, they can be charged with trespass as well as potentially criminal vandalism.

Everybody else pays indirectly for this type of behavior in the form of higher interest rates and insurance rates as well as the reluctance of people to buy foreclosed properties and the potential of blight to the neighborhood. This does not account for the ecological toll in the form of a large volume of solid waste that results from this (replacing refrigerators, flooring, walls.. etc).

This behavior is very much like that of a spoiled child throwing a tantrum. Very good example these people are showing to any children they have. They deserve all the trouble the get from their children.

[ucodegen]

The banks should pursue charges against these people for felony vandalism. Until the house is completely paid off, the bank is co-owner in the property. Damage in the amount excess of $5000 can make it a felony (up from a misdemeanor).

To do so, the banks would need to move real quick after NOD/NOT and monitor the property(something they are not used to doing). They should also notify that they current ‘owners’ will be charged with criminal vandalism and may see the inside of a jail cell should this happen before they vacate. They should notify the present ‘owners’ that they should notify them when they vacate, and if after vacating, they attempt to return and/or vandalize the property, they can be charged with trespass as well as potentially criminal vandalism.

Everybody else pays indirectly for this type of behavior in the form of higher interest rates and insurance rates as well as the reluctance of people to buy foreclosed properties and the potential of blight to the neighborhood. This does not account for the ecological toll in the form of a large volume of solid waste that results from this (replacing refrigerators, flooring, walls.. etc).

This behavior is very much like that of a spoiled child throwing a tantrum. Very good example these people are showing to any children they have. They deserve all the trouble the get from their children.

[ucodegen]

The banks should pursue charges against these people for felony vandalism. Until the house is completely paid off, the bank is co-owner in the property. Damage in the amount excess of $5000 can make it a felony (up from a misdemeanor).

To do so, the banks would need to move real quick after NOD/NOT and monitor the property(something they are not used to doing). They should also notify that they current ‘owners’ will be charged with criminal vandalism and may see the inside of a jail cell should this happen before they vacate. They should notify the present ‘owners’ that they should notify them when they vacate, and if after vacating, they attempt to return and/or vandalize the property, they can be charged with trespass as well as potentially criminal vandalism.

Everybody else pays indirectly for this type of behavior in the form of higher interest rates and insurance rates as well as the reluctance of people to buy foreclosed properties and the potential of blight to the neighborhood. This does not account for the ecological toll in the form of a large volume of solid waste that results from this (replacing refrigerators, flooring, walls.. etc).

This behavior is very much like that of a spoiled child throwing a tantrum. Very good example these people are showing to any children they have. They deserve all the trouble the get from their children.

[ucodegen]

The banks should pursue charges against these people for felony vandalism. Until the house is completely paid off, the bank is co-owner in the property. Damage in the amount excess of $5000 can make it a felony (up from a misdemeanor).

To do so, the banks would need to move real quick after NOD/NOT and monitor the property(something they are not used to doing). They should also notify that they current ‘owners’ will be charged with criminal vandalism and may see the inside of a jail cell should this happen before they vacate. They should notify the present ‘owners’ that they should notify them when they vacate, and if after vacating, they attempt to return and/or vandalize the property, they can be charged with trespass as well as potentially criminal vandalism.

Everybody else pays indirectly for this type of behavior in the form of higher interest rates and insurance rates as well as the reluctance of people to buy foreclosed properties and the potential of blight to the neighborhood. This does not account for the ecological toll in the form of a large volume of solid waste that results from this (replacing refrigerators, flooring, walls.. etc).

This behavior is very much like that of a spoiled child throwing a tantrum. Very good example these people are showing to any children they have. They deserve all the trouble the get from their children.

[ucodegen]

The banks should pursue charges against these people for felony vandalism. Until the house is completely paid off, the bank is co-owner in the property. Damage in the amount excess of $5000 can make it a felony (up from a misdemeanor).

To do so, the banks would need to move real quick after NOD/NOT and monitor the property(something they are not used to doing). They should also notify that they current ‘owners’ will be charged with criminal vandalism and may see the inside of a jail cell should this happen before they vacate. They should notify the present ‘owners’ that they should notify them when they vacate, and if after vacating, they attempt to return and/or vandalize the property, they can be charged with trespass as well as potentially criminal vandalism.

Everybody else pays indirectly for this type of behavior in the form of higher interest rates and insurance rates as well as the reluctance of people to buy foreclosed properties and the potential of blight to the neighborhood. This does not account for the ecological toll in the form of a large volume of solid waste that results from this (replacing refrigerators, flooring, walls.. etc).

This behavior is very much like that of a spoiled child throwing a tantrum. Very good example these people are showing to any children they have. They deserve all the trouble the get from their children.

[HereWeGo]

Any live animals in the house?

[HereWeGo]

Any live animals in the house?

[HereWeGo]

Any live animals in the house?

[HereWeGo]

Any live animals in the house?

[HereWeGo]

Any live animals in the house?

[nostradamus]

I vaguely recall something a while back about a guy letting a flock of sheep or goats chew up the house. Or was it pigs?

I’m curious about why people are damaging the houses when they vacate. Is it anger at the lender for enacting the terms of their mortgage contract? How can they justify doing this kind of thing? It’s so childish.

Anyhow, I think we should have a contest for the most interesting eviction vandalism.

[nostradamus]

I vaguely recall something a while back about a guy letting a flock of sheep or goats chew up the house. Or was it pigs?

I’m curious about why people are damaging the houses when they vacate. Is it anger at the lender for enacting the terms of their mortgage contract? How can they justify doing this kind of thing? It’s so childish.

Anyhow, I think we should have a contest for the most interesting eviction vandalism.

[nostradamus]

I vaguely recall something a while back about a guy letting a flock of sheep or goats chew up the house. Or was it pigs?

I’m curious about why people are damaging the houses when they vacate. Is it anger at the lender for enacting the terms of their mortgage contract? How can they justify doing this kind of thing? It’s so childish.

Anyhow, I think we should have a contest for the most interesting eviction vandalism.

[nostradamus]

I vaguely recall something a while back about a guy letting a flock of sheep or goats chew up the house. Or was it pigs?

I’m curious about why people are damaging the houses when they vacate. Is it anger at the lender for enacting the terms of their mortgage contract? How can they justify doing this kind of thing? It’s so childish.

Anyhow, I think we should have a contest for the most interesting eviction vandalism.

[Author]

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