Monday, October 26, 2009
No Paws Left Behind
Displaced borrowers haven't been the only victims of the foreclosure crisis. An alarming number of pets are being abandoned in vacant homes and properties. Shelters in areas with high numbers of default properties and foreclosures have warned of over-crowding of animals while neighbors of foreclosed properties report stray animals roaming the streets and parks.
No Paws Left Behind is one way that Real Estate Professionals can help save these animals. 63 percent of U.S. households own a pet, according to the 2007-2008 National Pet Owners Survey, which equates to 71.1 million homes. If foreclosure rates continue at current levels, more than one million animals could be abandoned over the course of the next year.