MONEY MORAL DILEMMA: Would you buy your neighbours’ repossessed house?

Nanaof2

I would buy the house if the price was right & I wanted a larger house.
If you had kids you could at least move without up rooting them from scholl, friends etc. Plus as others have said someone will buy it so why not you if it comes on the open market.

dopolous

Yes I would as I did not know them all that well!!

westcountrymaid_2

Yes I would definitely buy it...

Ebenezer_Screwj

Where's the dilemma ? Of course I would buy it if the house was exactly what I wanted, it is up for sale and if I didn't somebody else would.

Susan_Frost

Yes, definitely.

Also, as mine would be smaller, it could be that they could buy mine, manage some sort of a deal, and they could stay in the area they want, schools, friends, etc.

It would not be my fault they are in that position, possibly not really theirs either, but someone will have to buy it.

It would also be a quick sale, if I had been on the look out for something already.

Skyhigh

Sounds almost like what may be happening to our next door neighbours - theirs just went up for sale this week, although it's not (yet) a super-cheap price.

I suggested my parents could buy it.

So in answer, yes - it's a commodity just like anything else, if it's cheaper then all the better.

Wombatwilson

I would buy it move in and then rent mine out if its that cheap

philoio

It is in your neighbours best interest if you do by it. As they either have a quick sale and therefore slightly lees repossession fees OR if you are not the only bidder you may be pushing the price up.

golddustmedia

YES!

After all they'll be moving out of the neighbourhood very soon!

mr-moons-mum

Yes i would buy it as it will make no difference to them who buys it.
I might offer them my old house to rent if i couldnt/didnt want to sell it but this depends on what sort of people they were & if i thought they would be ok tenants.