Foreclosing On A Pet
For Families, Losing A Home Can Also Mean Losing The Family Dog Or Cat
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Play CBS Video Video Foreclosure's Furry Victims Much has been said about the thousands of homeowners forced into foreclosure by the mortgage meltdown. But what about the littlest victims of the credit crunch? Sandra Hughes reports.
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Meet Daisy Mae, a dog who lost her home in her family's foreclosure. (CBS)
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But one member of the family couldn't make the move, CBS News corresondent Sandra Hughes reports.
"We always wanted a house and a dog," said the family's oldest daughter, Jessica.
Fourteen-year-old Jessica Resendiz was talking about the family dog, Daisy Mae.
Jasmine is the baby of the family, whose first word was "Daisy."
"We wanted the American dream, basically," said the girls' mom, Jenny Resendiz. "You buy a house, you get a dog, you have a family."
In the past year, shelters in Massachusetts, Florida and California have reported an up-to-30 percent increase in the number of family pets left homeless because of the mortgage crisis.
Many owners will bring their animals into a Humane Society. Others will abandon them in the foreclosed home.
The increases have brought thousands of animals and dogs into shelters. In rural California, the problem is horses and exotic animals.
But no matter the pet, the emotion seems the same.
"We have seen them here with their head down crying filling out the paperwork," said Karen Zich of the Riverside Humane Society.
Riverside County's home foreclosure rate is the eighth-highest in the nation, up 228 percent over the past year.
Half the dogs at the shelter there were from people whose homes were in foreclosure?
"Yes, that is right lost their homes and had to move," Zich said.
But for most of these abandoned animals, having already been a family pet makes them good candidates for adoption - like Daisy Mae.
"I fell in love with her," said John Williams, Daisy Mae's new owner. "It was that quick."
Now, the Williams family of Rancho Bernardo are making a new home for Daisy Mae, which makes the Resendiz family feel better - and hopeful that like Daisy Mae, they could have a new home in their future.
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What''''s wrong with a 30-year mortgage at a fixed interest rate? Who needs drama, changes & excitement after you buy a house?
Stop trying to live the lifestyles of the rich & famous. Don''''t worry about keeping up with the joneses. They won''''t be joining you in the shelter or your cardboard house on the street.
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Posted by Keithle1
Keithle1 - sounds like you speaking of personal responsibility. Words never heard on this website.
Abandonment of your pet is not an acceptable option if you must leave your home. As CBS showed there are much better options; please explore all of them if your pet can''t move with you. They deserve your very best, after all that is all they have ever given you.
What''s wrong with a 30-year mortgage at a fixed interest rate? Who needs drama, changes & excitement after you buy a house?
Stop trying to live the lifestyles of the rich & famous. Don''t worry about keeping up with the joneses. They won''t be joining you in the shelter or your cardboard house on the street.
DO NOT BUY MORE THAN YOUR PATHETIC AZZ CAN AFFORD...It''s as simple as that...To expect the government to bail you out shows that your nothing more than a welfare wh o re...
These morons leaving their pets in an empty house should all be shot...
What ever happened to people buying small starter homes?? or fixer uppers?? This is what happens to the "I want it and I want it now" generation. I really don''t feel too sorry for people that try to live above their means.
- by besttyper March 26, 2008 12:13 AM EDT
- This whole mortgage thing is such a tragedy. I just don''t understand how people got themselves into this mess in the first place. When they were buying the homes, surely they were told their interest rate would go up after a certain amount of time. If your rate goes up, doesn''t it stand to reason your payment would go up? DUH!! I''m sorry this is happening to the families, but don''t blame the mortgage companies, because the families brought this all on themselves. And no, I''m NOT a Republican. I just make sure I understand papers before I sign them.
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