Saturday, May 30, 2009

Some Realtors Begin Warning Homeowners In Foreclosure Against Home Stripping

In Phoenix, Arizona, KPHO-TV Channel 5 reports:
  • Several Valley real estate agents are doing their part to prevent a new kind of crime. They are asking homeowners selling their foreclosed homes to sign disclosure forms saying they’ve been told stripping their homes is a felony. "Now I can sleep at night know I've given my clients all the information," Cari Gililland said. "What they choose to do from that point is their decision.”

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  • Gilliland said owners of foreclosed homes started stripping their homes about one year ago, at the height of the foreclosure crisis. "People will take the light fixtures. They’ll take the sinks. They'll take the kitchen cabinets. They'll take the carpet. All kinds of stuff. They'll take anything. Anything they can get their hands on,” she said.

For more, see Valley Realtors Help Prevent New Crime.

See also, The Arizona Republic: Foreclosure home strippers can face arrest.

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