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Updated almost 13 years ago on . Most recent reply
Why do people steal toilets out of foreclosures before they move out?
I find it fascinating that 90% of the bank owned homes i check out do not have toilets in them. Can anyone shed a bit of light on this for me please?
Most Popular Reply
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I've looked at a lot of foreclosures, toilets are usually still there. The only time toilets are missing are if the foreclosure was on a "think i can" investor that bit off more than they could chew. In these cases foreclosure happened about mid renovation, hence some missing toilets. The other time a toilet would be missing is if it cracked during winter and it was removed during trash out. That happens after a the lender forecloses and is also the highest bidder. It then goes to MLS and the listing broker has it "trashed out"
- Mark Updegraff
- Podcast Guest on Show #112