Hi everyone. We will be walking out of our house shortly in CA. I am selling
everything that can be remove and one of the item is the garage door which I
paid for about over two years ago. Is there any legal issure with the bank
after we walk out?
Anything attached to the house is considered a fixture, part of the real
property, and belongs to the lien holder. If you added an electric
opener, you might be able to take that, but to leave a gaping opening
will no doubt piss off the bank, and could make them more likely to
remember to totally trash your credit for walking away. If you HAVE to
walk away from the house, best to be up-front about it with the bank,
keep them informed of the schedule, leave the place clean and lockable,
and drop off the keys on the way out of town. Ask them what they want
you to do with the utilities- switch them off, or let the bank switch
the billing to their in-house or outsourced people that take care of
bank-owned properties. If you live where it freezes, and you turn off
the heat, and the pipes burst and cause a flood, the bank will not be happy.
Why not ask the bank or your lawyer? Will you be putting back the door
that was there when you moved in? Will you also be taking any roof
shingles, bathroom tiles, or plumbing fixtures that you might have
replaced during your stay in the house?
Folks, I think this is a good example of why trying to make everybody a
home "owner" was such a bad idea.
Yes, as best it would be negligence on your part to leave the opening.
Could be much worse so consult a lawyer before you take the door. For the
few buck you may get, a law suit or even a criminal charge is not worth it.
Thanks, everyone for your input. It's not for a few bucks, nor do we care of our
credit either. Before we decided to walk out, we tried to talk to the bank, they
either are not interested or do they care. They make it impossible to
communicate with them. So why should we care now? Don't forget they are making
tons of $$$$ and paying off the TARP so their Managers or whatever get huge
bonuses and the Obama's administration is full of Wall Streets greedy lobbyists
and tax cheaters. Where are the CHANGES?
You say you don't care about your credit, so where are you planning on
living after you leave. Your credit rating dictates everything from the cost
of your car insurance, acceptance by a landlord for rental or any future
Frankly, folks here are not interested in your politics and views. You
have a moral obligation to pay your debit.
STOP blaming everything on your failure.
One day you think you can sleep better, because you took a garage
Because you entered into a contract with them.
I'm really fed up with people like you...people who feel no obligation to be
responsible...people who think only of themselves...people who stick
everyone else with additional debt because they are too childish to honor
The fact that you want to rip off (steal) a garage door speaks volumes.
Consulting a lawyer may be equivocal.
Some time back, I ran into an old school buddy. During the conversation, he
(a lawyer) allowed as how he was putting his money into rental property and
one of his renters (not lease, month-to-month rent), built a six-foot cedar
fence around the back yard. Now he and I both knew that this fence becomes
part of the property, so I asked him what he did about the renter.
"I raised his rent by $25 a month," was the answer! When I asked him how in
good conscience he could do that, his lawyer-think answer was:
"I convinced him the property was now more valuable."
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