1 Articles match "Abandonment","Massachusetts","Properties"

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Foreclosure Crisis Sparks Surge in Arson
In Massachusetts , there’s a growing concern that foreclosure arson is becoming a problem around the state as more and more properties are abandoned. In Colorado , a homeowner was convicted for setting his home on fire to prevent the lender from repossessing the property. “We’ve People upside-down on their house with variable-interest-rate loans, or upside-down on their cars, are pretty In desperate times people resort to desperate measures. Facing foreclosure, some homeowners are setting fire to their homes for the insurance money.
www.foreclosurepulse.com - Tuesday, December 16, 2008
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  • Foreclosure Crisis Sparks Surge in Arson
    In Massachusetts , there’s a growing concern that foreclosure arson is becoming a problem around the state as more and more properties are abandoned. In Colorado , a homeowner was convicted for setting his home on fire to prevent the lender from repossessing the property. “We’ve People upside-down on their house with variable-interest-rate loans, or upside-down on their cars, are pretty In desperate times people resort to desperate measures. Facing foreclosure, some homeowners are setting fire to their homes for the insurance money.
    www.foreclosurepulse.com - Tuesday, December 16, 2008
    READ MORE