|
Posted on 02.24.09 by Danny Glover @ 10:51 am
This woman in San Antonio, Texas, is a vandal and should be punished for her crime.
At risk of foreclosure, she had her brother deface a home that she doesn’t own. The house doesn’t look like it’s worth much as is, but are we supposed to feel sympathy for a woman who undermined the value not only of the property her bank is about to legally repossess but also of the other homes in the neighborhood? No one should give Mary Ann Herrera a penny to help her stay in that house. Her selfish, callous and destructive behavior should not be rewarded. These kinds of crimes, along with former homeowners who are illegally breaking and entering the properties they lost for failure to pay their debts, are becoming commonplace. The Wall Street Journal reported on the disturbing trend a year ago. The damage was so significant that the bank struggled to resell the home, despite the major external improvements our neighbor had made before foreclosure and even after reportedly knocking $100,000 off the price. Months later, the bank found a buyer — the live-in girlfriend of our neighbor. They hauled out of storage all of the fixtures they had removed from the house and reinstalled them. We have the same neighbors as a year ago; the property is just in a different name and their debt is substantially lower. The bank’s real-estate agent understood that the new occupants would be the same as the old ones and approved the fraudulent deal anyway. Meanwhile, our neighbors’ dirty deeds drove property values on the block so low that our house is now worth less than what we owe on the note. We cannot refinance into a fixed rate. And the city council boosted property taxes by nearly 30 percent to offset the revenue lost from declining home values. Foreclosure crime paid well for our neighbors, but homeowners like us who pay our debts and our taxes got stuck with the tab. Filed under: Business and Culture and News & Politics Comments:
|
Absolutely reprehensible.
These thugs should be arrested for vandalism & property damage, possibly even be investigated by the FBI on terrorism charges due to the fact that they’re sending a political and ideological message with this destruction.
In Chapter 113B of Part I of Title 18 of the United States Code, Section 2331 of Chapter 113b, terrorism is defined as: “the term “domestic terrorism” means activities that appear to be intended— (i) to intimidate or coerce a civilian population; (ii) to influence the policy of a government by intimidation or coercion; or (iii) to affect the conduct of a government by mass destruction…”
Of course, this doesn’t even approach the seriousness of a domestic bomber (like Bill Ayers). But this kind of wanton lawlessness should NOT be tolerated and the reprobates involved should be prosecuted to the fullest extent of the law.
Comment by Reverse_Vampyr — February 24, 2009 @ 3:48 pm
Maybe Ms Herrera should spend less on goodies at H E B, and more on home improvements and mortgage. Of course then she would require a new wardrobe and I bet we would get stuck with that bill too.
Comment by Dee Mac — March 2, 2009 @ 9:11 am