Who said there’s no equity in a foreclosed home?
One former homeowner thought he found away to recoup at least some value from his shuttered Illinois home after he was evicted by Wells Fargo Bank.
Calvin Townsend, 51, allegedly removed everything of value leaving about $100,000 in damages in the home.
WATCH THE VIDEO ABOUT A FORECLOSED ILLINOIS MAN
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Townsend literally cleaned house: he damaged and stole all the doors and door trim, light fixtures, kitchen cabinets, countertops, a chandelier, whirlpool tub, toilets, sinks, two air conditioning units, two hot water heaters, a furnace, water softener and other miscellaneous items.
He eventually admitted to the crime when Cook County Sheriff Tom Dart caught up with him, saying he sold all the stuff to his neighbors.
“This is someone who is stealing. This is someone who just went about, surgically, trying to take everything of value out of the place that was not theirs and then went about trying to sell it all,” said Dart.
Cops recovered the stolen items, but the neighbors who bought fixtures are out of the money they spent.
Townsend is free on $10,000 bond and due in court May 19.