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Foreclosed Homes Trashed

Many owners vacating foreclosed homes are selling off all the fixtures before they leave, further depressing home values, even their neighbors’, reports Kelly Cobiella.
Video Rating: 4 / 5

25 Responses to “Foreclosed Homes Trashed”

  • ColtsNeckNJHomes:

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  • Stephen Githinji:

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  • Draginvry2:

    It’s funny you should say that, because I think the lender should also be smart enough to have figured that out.

  • altha2008:

    homeowner should know that they cannot afford a 1000 dollar mortage payment working at mcdonalds

  • mario jane:

    If you are looking for foreclosed homes, just go to myforeclosure.infoJust search for your location

  • METALMAN4Wii:

    Their needs to be Regulations to protect us I don’t care what Ron Paul saids…!

  • occupytheworld22:

    AWESOME……destroy them all because the banks will not work with the people…..OCCUPY WALL STREET

  • Organicuser2012:

    cbs sucks, realtors suck,banksters suck, n cbs is phoneyyy!!! go the funk head !! forecloser parties all day dunn.. mattafact bouta go to one right now !$@1$ hollla

  • thedeleante:

    this world is going to shit and we are all gonna die

  • legitimatemind:

    Good. Make it harder for those fat mother fucker bankers to buy the largest steak in the restaurant.

  • legitimatemind:

    Good. Make it harder for those fat mother fucker bankers to buy the largest steak in the restaurant.

  • Gurpyaara:

    ooooorrrrrrrrrr the banks can stop having interest at like 8000000000% that way ppl can afford to live. thats whats wrong with america. we put people out of jobs and homes then we complain about it. hey republicans stop sending jobs away so you can make a dollar and kicking people out of their homes then having the banks need bail outs

  • brayynicole10:

    It’s the banks fault for giving people loans that they couldn’t pay for?? I didn’t know the banks manage your finances now… Let me guess, they put a gun to your head and made you sign on the dotted line?? … Take some responsibility

  • forresterompojf31KF:

    Where you can get iphone4? Answer here!Apply now! Emz 27go.info

  • MrOne4truth:

    The banks created the problem, now they are stealing the homes, they do not own them and have been paid in full,

  • asdfopera:

    $900,000 is an insane amount to pay for a house and then get forclosed 7 years later. those people could not afford the home.

  • bennybellfan:

    Buy the new Kindle book called “I Would Rather Have Root Canal Every Week for the Rest of My Life Than Ever Buy a House Again,” by Joel Samberg. Only $1.85. True story. Funny! Scary!

  • dailypaymachine:

    Millions of homes have been foreclosed within the past 3 years. Thats why i have dedicated my time to produce a system that can help the people who have been laid off and are without jobs. Make $20+ an hour promoting companies like Walmart ect. Plus i will guide you every step of the way and i pay you DAILY!
    DailyPayMachine . com

  • dailypaymachine:

    Millions of homes have been foreclosed within the past 3 years. Thats why i have dedicated my time to produce a system that can help the people who have been laid off and are without jobs. Make $20+ an hour promoting companies like Walmart ect. Plus i will guide you every step of the way and i pay you DAILY!
    DailyPayMachine . com

  • patrickkpt:

    I applaud you for keeping your head above water, you are a role model and someone who (I’m sure) sees the light at the end of the tunnel, it WILL get better and I’m SURE you will soon gain equity….best of luck to you

  • MarkAllenChannel:

    @billwho62 You’re right, this started before Obama was president.

    With that being said, I must also make clear that Obama is fairly skilled in campaigning but hasn’t shown a lick of ability in running a country.

  • MarkAllenChannel:

    By the way, if you own a home and you’re depressed with current values …relax knowing that prices can’t drop below the cost to replace your home. Building materials and labor will increase with inflation, taxes will also need to increase as local, state, and federal governments become more desperate.

    All things considered, real estate prices will have to go up again …and despite a dwindled number of people affording a house in which to live.

  • MarkAllenChannel:

    There’s no law against doing this to your own home. If they make a law and jail these owners that do it …they would only bring trashing your home up to celebrity status and everyone will begin doing it.

    If the homeowner doesn’t trash the place, in time teens will vandalize it, or resource thieves will strip it down and make money at the reycling yards.

    If the homeowner actually did this, probably knowing this will end up happening anyway.

  • TheRealEstateGal:

    Not everyone lost their life savings, Many folks (not all) got 100% financing and did not put any money from savings, they got in with just the cost of closing costs & then took out a home equity line of credit with the increase in equity and used those funds to furnish, improve the home and vacation. It was the bank that took the hit in the shorts along with stock holders anyone who has a 401k,SEPS, IRAS & pensions- those investments are normally invested into mortgage back securities.

  • snaps81625:

    My opinion.. the government has screwed us all… when the SHTF and no one has income. they have bankrupted the country ND need to just give people their homes.. Especially seniors, who are owed until death their SSI.. You don’t pay us what we put in.. then you can’t have our homes!

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