1 Articles match "California","South Carolina","Upside-Down"

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Foreclosure Crisis Sparks Surge in Arson
Consider the following: In South Carolina , a homeowner was charged with burning her home on the eve of foreclosure. People upside-down on their house with variable-interest-rate loans, or upside-down on their cars, are pretty quick to burn their property right now.” Foreclosure arson has doubled in California from 7 homes last year to 14 homes so far in 2008, according to insurance officials. 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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  • The Best from RealtyTrac MORE
  • Foreclosure Crisis Sparks Surge in Arson
    Consider the following: In South Carolina , a homeowner was charged with burning her home on the eve of foreclosure. People upside-down on their house with variable-interest-rate loans, or upside-down on their cars, are pretty quick to burn their property right now.” Foreclosure arson has doubled in California from 7 homes last year to 14 homes so far in 2008, according to insurance officials. 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