FBI investigates foreclosure stripping in Phoenix

With Arizona foreclosures up by 600% since 2005, realtors are seeing more and more foreclosed homes being stripped right down to the bare walls. It is estimated that 85 to 90 percent of foreclosed houses under $200,000 have been stripped.    Homeowners are taking carpet, tile, cabinets, sinks, light fixtures and even door knobs.  Many of [...]

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