What do people think of this property deal?

stator

She still got £75,000 for free with no work.
Unless there was some misleading information or con work going on there's nothing to complain about. Caveat venditor

Idiophreak

AdrianC wrote: »

Who's "stealing" anything? The sister voluntarily accepted a low offer for a hassle-free sale.

Meh, it's very rare that someone would sell the properly *that far* below market value without *some kind* of countering expectation...or sheer ignorance.

So, most likely, either the middle aged woman "got one over" on the old lady who didn't realise she was being ripped off, or the middle aged woman isn't acting in the spirit of the deal... (Even if it's just "Derek used to like you...he'd like to know you were living there" etc)

In either case, the middle aged woman has money in her pocket that should rightfully be in the elderly woman's pocket. Whether it's technically "stealing" or not isn't really my concern - I was just pointing out that whether the elderly lady realised she's been stolen from (or just "done over") doesn't really have any impact on the sheer wrongness of the whole thing.

Mrs_Imp

Or maybe the sister understood how important the friendship was, and thought this would be a good way to the friend benefit from the will?

Pinter

Thanks for the replies. Was interested to read about people's opinions as when I heard about it through others (the buyer was so !!!!-a-hoop with the deal they told all and sundry) I thought it was morally dubious and a little shabby.

Nothing is known about the motives of the elderly woman. I would imagine she was happy to take a quick sale and wasn't aware of the true market value. There is no way she would ever find out about the true value of the house which is probably for the best.

Talc1234

Idiophreak wrote: »

In either case, the middle aged woman has money in her pocket that should rightfully be in the elderly woman's pocket. Whether it's technically "stealing" or not isn't really my concern

Actually it is not 'technically stealing' it is 'stealing' FULL STOP

Maybe the elderly woman had dementia and wasn't in a position to make such a decision

Maybe this elderly woman had children or grandchildren she wanted to inherit the money

Maybe if someone had told her that she could have sold the property at auction or given someone power of attorney to handle the sale she would have taken one of those alternatives

Suppose a heating engineer noticed that his customer was elderly and decided to charge her double?

Old_Git

it could be that the elderly woman was content with getting £75000 for nothing .She didnt earn it .

Guest101

Talc1234 wrote: »

Actually it is not 'technically stealing' it is 'stealing' FULL STOP

Maybe the elderly woman had dementia and wasn't in a position to make such a decision

Maybe this elderly woman had children or grandchildren she wanted to inherit the money

Maybe if someone had told her that she could have sold the property at auction or given someone power of attorney to handle the sale she would have taken one of those alternatives

Suppose a heating engineer noticed that his customer was elderly and decided to charge her double?

1: it's not stealing
2: the what if brigade can be found at mailonline.com enjoy

Talc1234

Guest101 wrote: »

1: it's not stealing
2: the what if brigade can be found at mailonline.com enjoy

1. Legally no, Morally yes

2. Don't post abuse, if you don't like the topic don't read it

AdrianC

Talc1234 wrote: »

1. Legally no, Morally yes

So no laws have been broken, so it isn't theft in any meaningful sense.

2. Don't post abuse, if you don't like the topic don't read it

Look, if you don't think your outpourings are ever to be disagreed with in any way, shape or form, then you might find forums less than ideal for your delicate sensibilities. You came up with a bunch of "what if", which may well be complete fabrications unless you know a lot more than is in the thread. Deal with it.

Guest101

Talc1234 wrote: »

1. Legally no, Morally yes

2. Don't post abuse, if you don't like the topic don't read it

1: morals are individual. No law been broken
2: I don't think I posted any abuse. What if scenarios are in my opinion the last ditch argument.