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Will foreclosures spark an arson boom?

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Lloyd Bonafide

Thread Starter
Senior Member
Joined
Jan 15, 2006
Professional Status
Certified Residential Appraiser
State
California
http://money.cnn.com/2008/01/09/news/economy/birger_arson.fortune/index.htm?postversion=2008011008


Let's give this young lady points for being creative.


Faced with foreclosure on her Russellville, Indiana home, Christina Snyder allegedly concocted the kind of plan that now has insurance executives on edge.

According to the county prosecutor, the 31-year-old Snyder allegedly offered to pay a neighbor $5,000 to help her burn down her house and make it look like a botched rape attempt - all in order to claim $80,000 in insurance money. Snyder wanted the neighbor to bind her hands in duct tape, write "*****" on her shirt, and then help her escape once the blaze was set, the prosecutor says. The neighbor demurred, instead reporting Snyder to police.
 

USPAP Compliant

Elite Member
Joined
Jan 15, 2002
Professional Status
Certified Residential Appraiser
State
North Carolina
I have had two arson reviews. One of them did not burn the first time and was set on fire again!
 

William K

Senior Member
Joined
Sep 21, 2007
Professional Status
Certified Residential Appraiser
State
Illinois
"According to the county prosecutor, the 31-year-old Snyder allegedly offered to pay a neighbor $5,000 to help her burn down her house and make it look like a botched rape attempt - all in order to claim $80,000 in insurance money. Snyder wanted the neighbor to bind her hands in duct tape, write "*****" on her shirt, and then help her escape once the blaze was set, the prosecutor says. The neighbor demurred, instead reporting Snyder to police. "

Doesn't say if the neighbor "Took exception" to writing on her shirt or helping her escape!:new_smile-l:
 

Terrel L. Shields

Elite Member
Gold Supporting Member
Joined
May 2, 2002
Professional Status
Certified General Appraiser
State
Arkansas
Oklahoma is already lit up like a Christmas tree...oh, that's only the meth labs exploding... :)

You can always tell an arson. They move the jewelry (you won't find any melted gold) and the guns (gun barrels don't melt)...
 
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