Wednesday, February 25, 2009

House Foreclosure Often Includes Personal Possessions Too

Sometimes homeowners facing foreclosure don't have the money to move all their stuff out, or they're upside-down on their home, owing more than the house is worth, so they'll just leave the keys and take off. In these cases, banks often find lots of personal property left behind that often goes straight to the landfills. Here's an interesting but sad video documenting the clean-up:

2 Comments:

Blogger WheelDancer said...

This is very sad but I understand it all too well. I was severely upside down on my house a few years back and when I finally sold it, scrambling to get out and come up with the difference between the mortgage and the sale price made it pretty tight.

8:46 AM, February 26, 2009  
Anonymous Mark said...

Sad.... kinda. Not sad in the way you might think (pity for the poor foreclosed folks, etc., etc).
How about sad in the sense that these people clearly were living well but had no sense of value or community - who leaves family photos behind, fer crissake ? Kid's toys ? It's not like they're running from the Mob or defecting in the middle of the night.
How about sad in the sense that this is America...disposable houses, built quickly, cheaply, and crappily for quick, cheap, crappy people ? McMansions made of stuff that'll crumble in a few years, for people who had no plans for them beyond those few years anyway. The ultimate disposable society - the disposable house. The disposable life.

9:24 AM, March 04, 2009  

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