Foreclosures are at an all time high and something needs to be done to address the growing amount of damages to property. Defaulted borrowers are resorting to damages, stripping homes, stealing appliances, etc.
Foreclosure is a process no one wants or expects to go through. The emotions of the default borrower are the most important part of this. Emotions from anger to sadness can dictate how the defaulted borrower feels and results in their actions.
Borrowers have to be aware that if they damage or strip a home the bank will pursue them criminally thereby making matters worse. The bank has all of your information and tracking you down is not that hard for local law enforcement.
It is terrible when it happens and for the varying reasons, but homeowners should think twice before trying to "leverage" their loss by theft or damages.
http://Equicore.com
