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Real Estate & Property Law

: The Home Equity Theft Reporter

Phoenix-Area Authorities Get Serious About "Foreclosure Stripping" As Probes, Prosecutions Begin To Pile Up

By r morris

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In Phoenix, Arizona, KNXV-TV Channel 15 reports:Maricopa County Attorney Andrew Thomas announced Tuesday that there has been a significant increase in the number of people charged with gutting vacant or foreclosed homes in Maricopa County. The act, known as ?home stripping,? has been on the rise in neighborhoods and dramatically reduces property values, according to Thomas. Multiple cases of home

Full post as published by The Home Equity Theft Reporter on September 04, 2009 (boomark / email).

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