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Archive Home > 2009 > August > 16 > Gutted

Gutted

More and more foreclosed homes are being stripped of appliances and fixtures. The damage may sometimes be willful and can be illegal, but lenders often have little recourse - and neighbors could ultimately pay in terms of a decline in property value.

By Andrew Moore / The Bulletin
August 16, 2009

A foreclosure takes a toll on both borrower and lender. In some cases, it's also taking a toll on the house.

Local real estate professionals say they are seeing more instances of homes that have been stripped of appliances and fixtures, or even willfully damaged, by homeowners who have been....

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