umdulax1 wrote:Another big issue on the issue of theft is the amount of vacant foreclosed homes that are being broken into and stripped of all copper wiring, copper plumbing lines, aluminum siding, ducting etc. That leaves that bank in a bit of predicament and the neighbors that have these houses sitting next to theirs as well.
Another issue around town here is houses that are foreclosed on when the banks are in florida, california, arizona or somewhere else thats warm. Around here, when houses are repossessed, they are supposed to have the utilities shut off to them. Southern banks dont always do this, so when winter comes around, pipes burst and cause massive damage to the house. This makes the house sit on the market longer and drives down neighboring property values.