Banks Accused of Illegally Breaking i...

Banks Accused of Illegally Breaking into Homes Facing Foreclosure

There are 7 comments on the WTMA-AM North Charleston story from Oct 11, 2010, titled Banks Accused of Illegally Breaking into Homes Facing Foreclosure. In it, WTMA-AM North Charleston reports that:

It's one of the few booming businesses in this bruised economy: companies hired by banks to change the locks and take over homes that have been foreclosed.

Join the discussion below, or Read more at WTMA-AM North Charleston.

Bari

Rockville Centre, NY

#1 Oct 11, 2010
Chase did this to me, what can I do
WOW

Sarasota, FL

#2 Oct 11, 2010
Contact your local state attorney's office immediately. If you are not in foreclosure proceedings yet, they broke the law.
Crooked Banks

Knoxville, TN

#3 Oct 11, 2010
Bari wrote:
Chase did this to me, what can I do
Go break into the bank??Only kidding . This is terrible. Hey these scumbags need to get their huge bonus money for their big boats and fancy cars and large homes. Good luck I hope you sue these losers. Remember some people in America are NOT Americans.
demsRscum

Melbourne Beach, FL

#4 Oct 12, 2010
Crooked Banks wrote:
<quoted text>Go break into the bank??Only kidding . This is terrible. Hey these scumbags need to get their huge bonus money for their big boats and fancy cars and large homes. Good luck I hope you sue these losers. Remember some people in America are NOT Americans.
Ron, you forgot to mention that they also need to make their donations to Obama!
preservations

United States

#5 Mar 10, 2012
Ive been doing alot of preservation work for bank foreclosures. Wells Fargo- Chase-FannieMae amoung many other well known banks.

All to often I get a work order for an Intial Secure ...This is where locks are changed, windows are boarded, pools are secure in one of many various forms to protect it from kids perhaps falling in and drowning garage doors sheds as well as a complete property condition report from roof structure safety, mold inspections etc.

With the recent crime rate rise specially here in South West Florida, i dont blame the banks...90% of the time these houses do have broken windows, green pools, toliets full of crap, frigdes with 6 month old food, stolen ac units, airhandlers,copper wire etc. Im sure you read the papers...

However there are guidelines that must be followed. Occupancy checks are performed before any locks are changed and 99% of the time I personally change locks these signs are posted saying " we have intentions of changing locks with in the next 3 days or something" with a phone number to call..
The bank does have a right to protect their assets and property...

If you pay the bill this wouldnt happend is what i always tell everyone....But dont get me wrong...if i see the house is secure, property inside, running power or water....obvious signs that its secure and occupied, then yes that would be considered breaking and entering ....

Then agian our company cut grass that was 4 ft tall and after about a year according to a neighbor the home owners wife now doesnt wanna give it up...rechanged locks posted no tresspassing signs....yet the grass is back at a foot tall, fence is falling apart and the pool is green...

Just wait till its your grandson falling in a green pool and drowns before you point fingers...
winhunter

Balangkas, Philippines

#7 Apr 17, 2012
what can I do?
auto

Indianapolis, IN

#9 Apr 29, 2012
preservations wrote:
Ive been doing alot of preservation work for bank foreclosures. Wells Fargo- Chase-FannieMae amoung many other well known banks.

All to often I get a work order for an Intial Secure ...This is where locks are changed, windows are boarded, pools are secure in one of many various forms to protect it from kids perhaps falling in and drowning garage doors sheds as well as a complete property condition report from roof structure safety, mold inspections etc.

With the recent crime rate rise specially here in South West Florida, i dont blame the banks...90% of the time these houses do have broken windows, green pools, toliets full of crap, frigdes with 6 month old food, stolen ac units, airhandlers,copper wire etc. Im sure you read the papers...

However there are guidelines that must be followed. Occupancy checks are performed before any locks are changed and 99% of the time I personally change locks these signs are posted saying " we have intentions of changing locks with in the next 3 days or something" with a phone number to call..
The bank does have a right to protect their assets and property...

If you pay the bill this wouldnt happend is what i always tell everyone....But dont get me wrong...if i see the house is secure, property inside, running power or water....obvious signs that its secure and occupied, then yes that would be considered breaking and entering ....

Then agian our company cut grass that was 4 ft tall and after about a year according to a neighbor the home owners wife now doesnt wanna give it up...rechanged locks posted no tresspassing signs....yet the grass is back at a foot tall, fence is falling apart and the pool is green...

Just wait till its your grandson falling in a green pool and drowns before you point fingers...
People don't want to pay their mortgage.

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