the new "Foreclosure thieves?" - Loan Modification Forum

caldwellb02 · 09-22-2009, 08:00 AM

I was just watching Matt Lauer on ABC. There was a piece on "foreclosure thieves." Do you know who ABC says these theives are? Not the banks. Its you or me or anyone who is foreclosed on and takes fixtures from the home. The FBI is watching Craigslist and going after people who have recently been foreclosed on and who are selling house items on ebay.

They warned the viewers that these "foreclosure thieves" are not only hurting the house, but bringing property values down. and "now, because of these theives, the property which used to value $250,000 is now valued at $69,000". I Quoted that. Nothing said about most of the value decline being about the current economy. Nothing said about the frustration that might have caused the former homeowners to take the items.

Granted, some of these people went way overboard - taking ceiling and floor materials, all the kitchen counters, and not leaving anything in their place.

Be careful. If you are foreclosed on and added upgraded stuff, if you feel like taking it, be sure to leave something in its place and don't sell the good stuff on ebay!

But what really rubs me is the foreclosure thieves are the banks. Not us!!! G.D it. What do we have to do to be heard!

nativelasvegan · 09-22-2009, 09:00 AM

Too bad ol' Matt Lauer couldn't report another "side" to the story. Might be a good idea for a bombardment to ABC today? I don't know.... maybe suggest that they include some useful information about the possibility of that homeowner being given an opportunity to stay in their home. How about an inside story on that homeowner. Could it possibly be that homeowner was in the stages of a loan modification and the bank failed to give him one? No... that couldn't be it, could it?

Believe · 09-22-2009, 09:11 AM

Before we get too far with this, we need to clarify something. I sometimes watch Matt Lauer, and I'm pretty sure he's on Today on NBC, NOT ABC, I'll go do research and be right back.

Believe · 09-22-2009, 09:20 AM

Matt Lauer is on Today on NBC, not ABC. I quickly looked over both web sites and was unable to find a piece about foreclosure thieves.

caldwellb02 · 09-22-2009, 09:31 AM

I stand corrected. I am SURE it was the channel Matt Lauer is on though. Also - forgot to mention the FBI is also checking craigslist for people posting items for sale from foreclosed homes.

ama125 · 09-22-2009, 09:37 AM

Hulu - NBC TODAY Show: Thieves Target Foreclosed Properties

09-22-2009, 08:00 AM	#1 (permalink)
caldwellb02 Senior Member Join Date: Nov 2008 Location: Northern CA Posts: 1,830 Nominated 0 Times in 0 Posts TOTW/F/M Award(s): 0	the new "Foreclosure thieves?" I was just watching Matt Lauer on ABC. There was a piece on "foreclosure thieves." Do you know who ABC says these theives are? Not the banks. Its you or me or anyone who is foreclosed on and takes fixtures from the home. The FBI is watching Craigslist and going after people who have recently been foreclosed on and who are selling house items on ebay. They warned the viewers that these "foreclosure thieves" are not only hurting the house, but bringing property values down. and "now, because of these theives, the property which used to value $250,000 is now valued at $69,000". I Quoted that. Nothing said about most of the value decline being about the current economy. Nothing said about the frustration that might have caused the former homeowners to take the items. Granted, some of these people went way overboard - taking ceiling and floor materials, all the kitchen counters, and not leaving anything in their place. Be careful. If you are foreclosed on and added upgraded stuff, if you feel like taking it, be sure to leave something in its place and don't sell the good stuff on ebay! But what really rubs me is the foreclosure thieves are the banks. Not us!!! G.D it. What do we have to do to be heard!

09-22-2009, 09:00 AM	#2 (permalink)
nativelasvegan Senior Member Join Date: Sep 2009 Location: Near Austin, TX Posts: 817 Nominated 0 Times in 0 Posts TOTW/F/M Award(s): 0	Re: the new "Foreclosure thieves?" Too bad ol' Matt Lauer couldn't report another "side" to the story. Might be a good idea for a bombardment to ABC today? I don't know.... maybe suggest that they include some useful information about the possibility of that homeowner being given an opportunity to stay in their home. How about an inside story on that homeowner. Could it possibly be that homeowner was in the stages of a loan modification and the bank failed to give him one? No... that couldn't be it, could it?

09-22-2009, 09:11 AM	#3 (permalink)
Believe Senior Member Join Date: Feb 2009 Location: Iowa Posts: 383 Nominated 0 Times in 0 Posts TOTW/F/M Award(s): 0	Re: the new "Foreclosure thieves?" Before we get too far with this, we need to clarify something. I sometimes watch Matt Lauer, and I'm pretty sure he's on Today on NBC, NOT ABC, I'll go do research and be right back.

09-22-2009, 09:20 AM	#4 (permalink)
Believe Senior Member Join Date: Feb 2009 Location: Iowa Posts: 383 Nominated 0 Times in 0 Posts TOTW/F/M Award(s): 0	Re: the new "Foreclosure thieves?" Matt Lauer is on Today on NBC, not ABC. I quickly looked over both web sites and was unable to find a piece about foreclosure thieves.

09-22-2009, 09:31 AM	#5 (permalink)
caldwellb02 Senior Member Join Date: Nov 2008 Location: Northern CA Posts: 1,830 Nominated 0 Times in 0 Posts TOTW/F/M Award(s): 0	Re: the new "Foreclosure thieves?" I stand corrected. I am SURE it was the channel Matt Lauer is on though. Also - forgot to mention the FBI is also checking craigslist for people posting items for sale from foreclosed homes.

09-22-2009, 09:37 AM	#6 (permalink)
ama125 Senior Member Join Date: Jun 2009 Location: Reading, PA Posts: 1,514 Nominated 0 Times in 0 Posts TOTW/F/M Award(s): 0	Re: the new "Foreclosure thieves?" Hulu - NBC TODAY Show: Thieves Target Foreclosed Properties

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