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rickkeyfla · Joined: 01 Sep 2009 Posts: 1 1.00 Dollars($)

I bought my home for $40,000, personally put over $10,000 in upgrades and appliances in it, have an Equity loan attached to it (total debt, mortgage and loan ~$75,000), and now I'm looking to a Deed In Lieu of Foreclosure as my only real option to avoid foreclosure.

Is it legal to REMOVE appliances I added, plus any upgrades/improvements that won't do damage to the house TO remove (i.e., decorative fencing, chandeliers, stove, dishwasher, etc.; but NOT new windows, carpeting, etc.), before the DIL finalizes?

gmakerley · Posted: Tue Sep 01, 2009 11:45 am Post subject:

i think you run the risk of being held accountable for those things you remove...what's that mean in the long run? who knows!

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Define "accountable"? The items I'm thinking of removing were not there when I BOUGHT the house

gmakerley · Posted: Tue Sep 01, 2009 12:06 pm Post subject:

i really don't know how your lender might look at your removal of items, but simply wanted to point out that they might take umbrage. what "accountable" means in that sense i also do not know. as for the legality, only someone versed in the law would be able to provide that expertise.

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Can I remove upgrades before a Deed In Lieu closes?