Foreclosed Homes being Vandalized by Former Homeowners

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Rather Unfortunate, but it seems the Foreclosure Firestorm will only increase and compound itself throughout the summer. The Alt-A loans will be resetting also, so a large bulk of soon to be former homeowners will find themselves in Negative Equity in relationship to Loan to Value. An estimated 2.4 million homeowners will lose their homes, multiplied by spouse and kids, truly an exodus that would put the Israelites to shame in number.

25 comments to Foreclosed Homes being Vandalized by Former Homeowners

  • 1emailer  says:

    Only a lowlife would do this. When you sign a mortgage you agree to borrow a ton of money used to pay the seller and you are agreeing to pay it back a little at a time. When you stop paying YOUR payments and´╗┐ have to leave, it is nobody’s fault but yours. You pay and you stay.

  • 1IIIIIIIIII1  says:

    NOW NOW KIDS IT AINT RIGHT TO TEAR THE PLACE UP…IF YOU TOOK THE LOAN AND COULD NOT OR WOULD NOT PAY IT, THAT IS ON YOU, NOT THE BANK.

  • ajuvix  says:

    @StainlessSteel64 I didn’t say the banks did it, I said they knew how this would end up. Its a sweeping kind of corruption.There should have been some kind of legal/safeguard system in place to prevent this from happening. Instead, banks got the bailout and the people took the hit. They knew they would be considered too big to fail and they were right. Had their lot been thrown in like average Joe’s, do you think they would have “bought the loans” as you say? Helll no. So fuck em’, am I right?

  • StainlessSteel64  says:

    @ajuvix The banks didn’t do this they simply bought the loans from groups like countrywide (usually packaged as securities) the bank didn’t give a person the shitty loan another much more under handed group did then fucked the bank over (claiming this was an untapped gold mine of loan income).

  • StainlessSteel64  says:

    I can understand why people get into a rage, but you have to remember the banks don’t want to take your house they would much rather have you pay for your house. The groups that gave out these ill loans are gone now. When you destroy the home you aren’t getting back at the person who gave you a shitty loan you’re probably destroying what is now the property of some random bank who was dumb enough to buy this loan from a group like Countrywide who gave these loans to people who couldn’t pay them.

  • ajuvix  says:

    shit, a measley 1000 bucks? thats insulting. take the copper pipes, the countertops, the roman columns and take a shit in every room. The average joe doesnt understand the legal n financial details of subprime loans, not everyone is a finance wizard. Banks knew how this would all end up, so fuck them. fuck them all to hell.

  • theantiredneck  says:

    @anthony800ful Your right it’s not yours until you pay for it, not your financed home or your car the bank owns it until you pay for it you know the people that helped you out cause you didn’t have the money to buy those items on your own!! I never get used to the delusional mental state of ignorant people that have no grasp on reality and the backward nature of their views and perceptions!!
    Mr.anthony it’s nice to know you would want to hurt people cause of your failure!!

  • theantiredneck  says:

    @Wvd1979 Really you can’t blame people that can’t make their obligations and make their payments on a loan that they chose of free will? Then decided to show everyone what scumbags they are and vandalize the property of the people that did them the favor of lending them money? I guess rednecks aren’t the only ones that live in their 180 degree backward world and confused mental state!!

  • RayAir1  says:

    Like the bank gives a fuck about YOU the borrower. They aren’t losing a penny due to foreclosures. I would take everything to.

    FACT: If you make monthly mortgage payments you’re really not even a homeowner.

  • anthony800ful  says:

    Misspelled off

  • anthony800ful  says:

    Burn it down if I was the owner i would of have even taken the doors ,smash the windows take everything that can come of

  • sandy10842  says:

    IF YOU CAN’T PAY… YOU CAN’T STAY
    SIMPLE BUT SOME THINK THEY GET GET EVERYTHING FREE FROM THE GOVERMENT! THIS SHOWS WHAT KIND OF CHARACTER THEY HAVE AND SELF PRIDE

  • pimakilledsuki  says:

    BOYCOTT TUCSON AZ THEY KILLED MY DOG SUKI ON 1/5/2011
    FUCK TUCSON AZ !!!@#$%+*&^%$#@!

  • AlabamaCSA  says:

    Hahahahaha!

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  • percivalbonaparte17  says:

    Thisvideo made my day.

  • percivalbonaparte17  says:

    @Wellington5392 AMEN!!!

  • onejazzy1  says:

    @stevendurr exactly!!!!!!

  • cvframer  says:

    shoulda used more glue. blame the carpenters.

  • DrunkGamerNerd  says:

    Why waste your energy smashing the place…….when you could just burn the whole place down.

  • Txsray  says:

    @fatjackizback

    I can agree with you that that borrowers bear as much blame as lenders as long as there wasn’t any intentional fraud or deception or dodgy information etc. But given all the small print involved, I’d say it’s a pretty rare case where some degree of deception isn’t involved.

  • Txsray  says:

    The banks losing money is exactly the motif of those who do this.

  • Wellington5392  says:

    For all of you going through forclosure..Don’t forget to put a bunch of BIG ASS fish in the attics, and UNDER the insulation….tah dah…the banks will be the permanent owners of said property….Dont forget the drapery pole voids, and those boxy voids on the top of the wooden blinds either!!!! Both of those voids work well for nasty fish parts…Best wishes!

  • jujup2323  says:

    @neofalcon69
    Well said..

  • NeoFalcon69  says:

    So because they were foolish enough to take loans that were too good to be true -- they are quick to blame the banks?

    Banks are fucking evil institutions but remember we as people are responsible for our own actions.

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