I think the banks are stupid.. But these “owners” better watch it… The fact remains that it is NOT your home until you pay off the loan. Every think why you don’t get your car title until after you pay off the loan?! That’s because the car is owned by the loan company not YOU! If you stop paying your car loan.. and the bank comes to repo it… And you gut and sell the navigation system, car stereo, the leather seats.. the steering wheel ect… Do you think that’s fair?
Please make informed statements. Your full of shit. I don’t have to ask the bank to make improvements on my home! They are just trying to scare people from doing the same thing and stupid people like you don’t know any better. Get a fucken clue. Idiot!
Correct. It is illegal to take stuff after the house in taken back by the bank.
However, it takes months, frequently years, after somebody stops paying the mortgage for the bank to take it back. Until the home is actually foreclosed upon, the homeowner still owns it, and he or she can remove stuff and sell it. Now, it becomes a really grey area if the stuff came with the house. But if it’s replacement stuff, the home owner paid for it seperately from the loan.
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F*#K THE BANKS!
I think the banks are stupid.. But these “owners” better watch it… The fact remains that it is NOT your home until you pay off the loan. Every think why you don’t get your car title until after you pay off the loan?! That’s because the car is owned by the loan company not YOU! If you stop paying your car loan.. and the bank comes to repo it… And you gut and sell the navigation system, car stereo, the leather seats.. the steering wheel ect… Do you think that’s fair?
Why not? They already fucked us ALL but most don’t even know it. LOL. Idiots!!!
Please make informed statements. Your full of shit. I don’t have to ask the bank to make improvements on my home! They are just trying to scare people from doing the same thing and stupid people like you don’t know any better. Get a fucken clue. Idiot!
It is illegal to take from bank owned property. It is stealing as said rigtly. I can’t be GREY area but RED area!!.
What if the engine,wheels,seats are taken away from a repossesed car?!! Is it grey area?
wah, the banks loaned me more than I could afford, wah wah
Only in America. Ain’t we proud.
Dumb bitch. She should be tossed in jail.
Correct. It is illegal to take stuff after the house in taken back by the bank.
However, it takes months, frequently years, after somebody stops paying the mortgage for the bank to take it back. Until the home is actually foreclosed upon, the homeowner still owns it, and he or she can remove stuff and sell it. Now, it becomes a really grey area if the stuff came with the house. But if it’s replacement stuff, the home owner paid for it seperately from the loan.
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