Home equity walks out the door

Doors, windows, countertops, built-in buffets -- these are some of the fixtures that walk away from foreclosed homes.

September 13, 2010 at 2:53PM
(The Minnesota Star Tribune)
Deneen Clarke at the foreclosed house next door. (Photo by David Brewster)
Deneen Clarke at the foreclosed house next door. (Photo by David Brewster) (The Minnesota Star Tribune)

My Sunday column focused on a neighborhood's frustration when a foreclosed home is stripped by a departing homeowner. It's a phenomenon barred by a rarely-enforced criminal law, as well as virtually every mortgage contract. Yet it's happening all over the place, from my research.

The commenters haven't seized on this so far, but this may well be the first Whistleblower column where we did not name the individual or entity whose actions triggered the column. My editors and I had a lively discussion of whether to name the ex-homeowner in this story. While I'm entirely confident in the accuracy of the report, which was supported by public records and witness accounts, the lack of any criminal or civil court actions prompted us to withhold the neighbor's identity. Whistleblower remains committed to naming names when we investigate your tips.

about the writer

about the writer

James Shiffer

More from No Section

See More
FILE -- A rent deposit slot at an apartment complex in Tucker, Ga., on July 21, 2020. As an eviction crisis has seemed increasingly likely this summer, everyone in the housing market has made the same plea to Washington: Send money — lots of it — that would keep renters in their homes and landlords afloat. (Melissa Golden/The New York Times) ORG XMIT: XNYT58
Melissa Golden/The New York Times

It’s too soon to tell how much the immigration crackdown is to blame.