It’s not just two-legged homeowners who are suffering when a home is foreclosed upon. Foreclosure is leading to a surge of abandoned pets in many communities.
In many cases, homeowners forced out of their homes have no way to bring beloved pets with them when they move to rented quarters, or drive hundreds of miles to new and unfamiliar locations to look for work. Family pets are being left behind to starve, or are taken to overburdened animal shelters in hopes that the pets will find new homes. Many animal shelters have been bursting at the seams because of the foreclosure crisis and are not funded to care for the extra load of four-legged foreclosure sufferers.
In the Phoenix area alone 5000 pets were abandoned following foreclosure last year, adding to overcrowding in local shelters.
One real estate industry-led short term fix is Phoenix area rescue foundation Lost Our Home Pet Foundation, started by a mortgage broker, Jodi Polanski. Working in conjunction with real estate agents, Polanski has rescued over 400 animals per year since 2008 that have been abandoned in foreclosed homes. Often Agents are the first to discover the critters left behind when they come out to secure or show bank-owned property. A call to the Lender can help to get these animals released into the care of rescue workers while they are put up for adoption with new homes.
Lost Our Home will also give pet food to those who are in pre-foreclosure and have dire financial circumstances and will provide temporary foster care for pets while owners in pre-foreclosure look for a new home.
Arlington, VA 22207