A family member is planning on getting our home that gotr forecloused on.
Can you say cold hearted? And they are getting a steal too!
2007-07-11 08:27:17 · 6 answers · asked by wounded 1 in Business & Finance ➔ Renting & Real Estate
its bad
2007-07-11 08:53:33 · answer #1 · answered by roaringlion74 3 · 0⤊ 0⤋
You can't blame them for your foreclosure.
But you can refuse to go there for family events because it brings back painful memories.
When I left my ex, he wanted to keep the house. I let him because I couldn't force him to sell his half of it, and I decided I would rather take the loss than be stuck with that house and its memories. If he wanted to stay there with all those years of memories, he is more of a weirdo than I thought. There's no way I would want to keep the house and be reminded of that relationship every day, I don't know how he can stand to live there to this day. He just wanted to keep the house to be a jerk. But you know what? The joke's on him because the way the market changed, he owes almost as much as the house is worth, and it gets worse every time he refinances. But that's his problem, not mine, and that makes me glad I signed it over to him. So what if I didn't make a bunch of money off that house when we could've. It was worth it to be able to leave and not deal with it, and not be stuck with the financial responsibility of it like he's stuck now.
2007-07-11 15:57:29 · answer #2 · answered by pixysnot 3 · 0⤊ 0⤋
What's cold hearted about it ? Sounds to me like they want to buy a home at good price, and without a doubt, they are familiar with the home, thus reducing their risk in buying a problem.
Remember, these family members didn't cause you to lose your home. That was between you and the bank/lender.
2007-07-11 15:38:31 · answer #3 · answered by acermill 7 · 1⤊ 0⤋
You lost the home. If it wasn't your family member, it'd be someone else getting the deal.
At least any profits will stay in the family. Get over it. It's not worth being upset about.
2007-07-11 15:58:48 · answer #4 · answered by Yanswersmonitorsarenazis 5 · 1⤊ 0⤋
Well, why not? This way, they own the house. Did you expect them to just hand you the money and you get to keep the house? If the house got foreclosed on, you probably aren't a good bet, financially.
Maybe they'll rent it back to you.
2007-07-11 16:02:15 · answer #5 · answered by Anonymous · 1⤊ 0⤋
Maybe they are just trying to keep it in the family???
2007-07-11 15:34:42 · answer #6 · answered by Anonymous · 0⤊ 0⤋