Industry News

Help for 4-legged foreclosure victims

Future-Proof: Navigate Threats, Seize Opportunities at ICNY 2018 | Jan 22-26 at the Marriott Marquis, Times Square, New York

It's bad enough when a family loses its home. It's indescribably awful when they drive away and leave the family dog or cat behind to starve. Yet, in the midst of the foreclosure crisis, it's nearly an everyday occurrence. As a Phoenix-area mortgage broker who was known for her love of animals, Jodi Polanski heard about these cases all the time from the real estate agents she worked with -- the agents would enter a vacant, foreclosed home to show it to a buyer and encounter a dog trapped in the yard or a cat locked in a closet. "I kept hearing these stories," Polanski recalls. "(The agents) would call the listing agent and say, 'Hey, did you know there's a dog in the backyard?' I kept thinking that there had to be a way a Realtor could call somebody who could actually help." A couple of years ago, there wasn't such a way. Local laws made it complicated for humane organizations in many towns to rescue the pets quickly from abandoned, foreclosed homes b...