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What kind of person does this type of damage to a foreclosed home

January 21st, 2009 | Written by | Sellers

Why do people destroy their homes when they are foreclosed.

I was recently in Highlands Ranch, Colorado looking at real estate with a potential investor. When we came upon this little gem of a home listed for sale at $189,000 by the bank. The home was foreclosed a few months ago and the previous owner obviously took out the frustrations they had for the bank on the property. On the other hand it almost looked like the may have actually lived like this to some extent. There was a key code lock on the master bedroom door (which had been kicked in) to keep someone out.Why do people do this? How can people live like this? What do they gain from knowing hey destroyed a home to the point that it needs a total gut and remodel?

Unfortunately this is the NORM in lower income areas and especially in Aurora, Colorado and parts of Denver. This is by no means the first home I’ve seen like thisĀ  nor will it be the last.


See for yourself.

NOTE: I quote the wrong price in the video.

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Steven Beam, Realtor, CRS
18551 E. Mainstreet Suite 2-A
Parker, CO 80134
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