Friday, May 01, 2009

Denver Man With Unaffordable Mortgage Strips House, Sells Fixtures On Craigslist, Walks Away, Then Apologizes After Bank Obtains Restraining Order

In Denver, Colorado, KUSA-TV Channel 9 reports:
  • The man 9Wants to Know caught stripping fixtures in his home ahead of foreclosure and then yelled at our team from his front doorway, now says he's sorry. "Our intentions were never to strip the house, but after the treatment of the bank towards us it was a decision made out of hurt, anger and stress not knowing it was an illegal act," wrote Jesse Adams in an e-mail to 9Wants to Know.

  • Adams and his wife, Heidi Hayes, put an ad on Craigslist offering the kitchen sink, countertops, cabinets and toilets for sale. Hayes is the registered owner of the home. The two say they were married earlier this month after leaving the house and moving to the Las Vegas area.

***

  • Oklahoma based MidFirst Bank, which loaned Hayes the money for the home, got a judge to issue a restraining order keeping Adams and Hayes out of the house after 9Wants to Know told MidFirst Bank of our investigation. MidFirst Bank says it is considering its legal options.

For more, see Man who stripped home's fixtures apologizes,

See also, Everything must go: Sales cost taxpayers thousands:

  • It is not your typical "everything must go" garage sale. A new trend called pre-foreclosure or foreclosure sales offer deals for some, but often costs taxpayers thousands of dollars, according to mortgage experts and real estate agents interviewed by 9Wants to Know. The sales offer everything from the kitchen sink to countertops, cabinets, toilets, the hot water heater and the furnace from a home. Homeowners hold the sales ahead of foreclosure in an attempt to make money before they leave the house.

Go here for other posts on pre-foreclosure homeowner fixture stripping. foreclosure fixture stripping apple