Friday, November 23, 2007

Vacant Houses: Picking up the pieces (SB Sun November 18, 2007) Business Booms in collecting items left by residents hit by foreclosure!!

BS Ranch Perspective

What is strange is that some of the televisions that the report is talking about, some cost as much as $7000.00 and as low as $2500 depending on the size of the screen of coarse and the way that the picture is powered etc etc... Still it isn't as if the people that were living there were planning to give their home up to the bank any time soon, it could take one small thing before they could miss a payment or two and then they would loose their home, I just feel bad for those that have to try to enter the renting field now, when the rent prices are as much if now more then what it cost to make a payment on a home with an impound account assessed against that payment on your home. This whole situation is a very deep and bad one!!

BS Ranch


Vacant houses: picking up the pieces
Business booms in collecting items left by residents hit by foreclosure
Matt Wrye, Staff Writer
Article Launched: 11/18/2007 08:24:24 PM PST

They may not be able to afford their homes, but their showy TVs are another thing.

An old wooden house along Genevieve Street in San Bernardino was the scene recently of a trash pickup for tenants who lost their home to a bank foreclosure.

On Thursday morning, the driveway was piled up with appliances, furniture and clothes that were littered everywhere - a telltale sign of a family that recently lived there.

An old gas stove with a skillet full of dust was found. In the back yard, there were mattresses, a microwave, two mangled couches and a bulky refrigerator.

But it's all gone. Cleaned up.

Foreclosed homes all over the Inland Empire are turning into what Lisa Carvalho calls "trash-outs" - wooden and stucco carcasses with piles of junk left behind by former tenants.

In the big picture, the Riverside-San Bernardino area ranked No. 3 in the United States on the home-foreclosure chart for metro areas, according to a Wednesday report by RealtyTrac, a real-estate data company in Irvine. There were more than 20,600 foreclosure filings during the third quarter of this year, it stated.

It's partially Carvalho's job to get junk hauled out of these abandoned homes.

"There's usually debris and clothing and beds," said Carvalho, co-owner of Casablanca Associates Inc. in Ontario.

The company, among others, has its hands full cleaning out foreclosures in the San Bernardino and Ontario areas.

Sometimes her workers stumble across gems - like prized computer parts. But it's been a potpourri of things, such as cars, computer monitors, stoves and washing machines.

The High Desert offers even more interesting tales.

The area is full of tract homes in subdivisions that have stacks of furniture piled inside every room, she said.

"These typically look like they're occupied, but they're not trashed," she said about these homes. "(The owners) just walk away and wash their hands of it."

Mike Meyers sees the same thing.

The owner of San Bernardino-based Best Price Hauling spends more time cleaning out foreclosed homes than he did before the subprime fallout enveloped the Inland Empire.

"It's bad, but it's a lot of work for the (cleanup) industry," Meyers said. "It's a sad situation all around for everyone, except for us in the service industry."

He's seen what looks like pricey televisions and other expensive electronic entertainment gadgets left behind by tenants thrown out.

"There are times we've gone to a house and we've stood with 4-foot-high furniture in every room," Meyers said. "A lot of times we just take it to the dump. It's usually pretty horrific when we go out to these jobs."

Inland Empire Realtor Bobbie Miller said low-income evictees usually take most everything when they leave.

"They can't afford to buy it again," said Miller, who gets properties cleaned up for banks that end up holding the bag on loans that go south.

She's recently worked on homes in Fontana, Ontario and Rialto.

Evicted residents are given 18 days to reclaim their property inside a foreclosed home, Miller said.

In her case, everything inside the home gets thrown away or goes to auction, depending on how valuable it is.

"Most of the time, they don't come back to get anything," Miller said. "A lot of our economy is being supported, unfortunately, by people who've lost their homes."

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