Pets Suffer in Foreclosures Too

By
Real Estate Agent with Highland Realty

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.

 

Dave Rosenmarkle

Broker/Owner

Highland Realty

Arlington, VA  22207

703-538-2566

davidrose@mris.com

www.HighlandAgents.com

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Rainmaker
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Melissa Juarez
Massachusetts Buyers Broker Agency, LLC - Quincy, MA

Thanks Dave for the post. Yes, an unintended consequence of foreclosure is that pets may be abandoned.

Apr 05, 2010 06:03 AM #1
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Fernando Herboso - Broker for Maxus Realty Group
Maxus Realty Group - Broker 301-246-0001 - Gaithersburg, MD
301-246-0001 Serving Maryland, DC and Northern VA

This is very sad for the pets and those families that have that difficult uninformed choice.

Apr 05, 2010 06:15 AM #2
Rainer
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Don Spera
CR Property Group, LLC - East York, PA
Serving York and Adams County, PA

Dave, that is definitely something that I never even thought about but yet it is so true.  What a great post.  I can see the Landlords point of view not to allow pets or if the do ask for a larger deposit or a buffer in each months rent in case of any damage.  Those landlords that do not allow pets, I hope they reconsider in these circumstances.

Apr 05, 2010 06:27 AM #3
Anonymous
Anonymous

We've come across abandoned pets at listings here too, not always foreclosures but people just move off and leave them.

Apr 05, 2010 06:34 AM #4
Rainmaker
96,163
Sam White
Zweiacker & Associates - College Station, TX
Brand Manager, Realtor - Bryan College Station, Tx

Pets are an afterthought many times. Our animal shelters were stressed enough. It's very important that we support them.

Happy Monday!

Apr 05, 2010 08:51 AM #5
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Rainmaker
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Dave Rosenmarkle

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