Jul 11, 2007

What a Mess!

http://realestate.msn.com/buying/Article_busweek.aspx?cp-documentid=5084782&GT1=10233

I didn't finish reading this article but it talks about people who are leaving foreclosures in horrible condition that may include human and animal feces, pets without food or drink, flooding, mold, etc....

People facing foreclosure don't care any more, but are foreclosures causing people to trash their homes? Since its the mortgage industry's fault that there are record numbers of foreclosures, one can logically assume that the mortgage industry is responsible for suffering pets and destroyed properties.

I don't think so.

These are probably the same people who have trashed every apartment or house they have ever lived in. Lax lending standards allowed them to buy a home they probably shouldn't have and now everyone is paying the price. This time, its the bank and new owner. In the past, it was landlords who were stuck with all of these bills.

Don't blame foreclosures. Blame the people who lack the character or common decency to take care of their animals and property. You don't have to be rich to give your pet away. You don't have to be rich to take care of your property.

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