The ethics behind repossession

moneyistooshorttomention

silvercar wrote: »

I look at a repo and imagine the upset that the previous owners have gone through, the worry over debt, the desperate attempts to keep hold of their home and the trauma of having to unwillingly move. Doesn't give out nice vibes for the next owners.

That is something that would bother me too personally.

I know I obviously want my home to have happy, peaceful vibes and I'm having distinct problems with that courtesy of my nfh here.

I'm just having to take the view "When this is all over (please Gawd let it be all over soon)" then I will do what I can to clear the bad vibes that I am well aware have come up in the process of dealing with nfh etc.

I want my home to be a nice/peaceful/happy etc etc place and there is all this "Stuff" to be dealt with and cleared out of the way before it can be "Place Normal and Happy Vibes". At a more "worldly" level - there is the "How the f**** would I manage to deal with that if I decide to sell the place before that's all resolved?" stuff......

It is what it is....and, in my case, I'll work on the "normal - in fact Happy Place of Retreat Vibes" stuff once I've got all that darn everyday hassle (or worse) stuff dealt with. Meanwhile....it is what it is...darn it....:mad:

AdrianC

Dird wrote: »

Yes I've mentioned similar properties but he made it suggest it was easy to find like there was a filter like semi-detached or auction. Basically means you have to open every property page to see if it is or not.

Surely the priority in that initial search is price, location etc? A repo is not necessarily any more of a bargain than any other property - they can be almost as over-priced as many auction houses, due to over-enthusiasm on the part of buyers with rose-tinted glasses after too many repeats of daytime TV property progs.

moneyistooshorttomention

At the "vibes" level - there are often going to be previous situations that....lets say....aren't ideal.

On this house - I've been told that previous owner of this house was basically "ground down" by forceful nfh and pretty much literally ordered what to do re communal matters. My informant told me that previous owner of my house hated nfh (with a passion by the sound of it)...but shut their mouth and "shut up and put up". Hence leaving a lot of problems for me to sort out when I bought the house.....s*d it.:mad:

Having encountered nfh - I fully understand just why Previous Owner couldn't handle it. Nfh is quite a "force of nature" to say the least and tries to pull every single little "string" they can find to reinforce their opinion of themselves as one of the people who run this little community and they are, accordingly, Important (yeh.....right....in their own eyes maybe....).

But it does make for very Bad Vibes whilst trying to get these things sorted out and On A Normal Footing....so I sometimes have a little weep (being human) and then have to "pull myself together" and get back on track to have the house feel a normal home with normal "vibes".

Needs must eh? <shrug smilie>

One day (hopefully in the not too distant future) it will all feel calm/peaceful/suitable place to Contemplate Nature and go in for rest/relaxation/community-minded/etc....and all the other stuff I was busily envisaging in my naivety....

Yep...bring on that yoga/meditation/personal development/etc/etc stuff....

silvercar

We bought from pleasant people with normal lives, or so we thought.

Found out later that they were in severe financial difficulties, had ripped people off and we they had sold just before they had been repossessed. Led to some very interesting callers seeking out previous occupants once we had moved in. I ended up keeping a copy of proof that we were now owners by the door.

moneyistooshorttomention

Silvercar

I know exactly where you are at on this.

It would be so nice if you could just buy a house and think "Yep....normal decent people were the last owner here"...

Oh well......and back in the Real World....sigh.....

The vast majority of us are "human"/all too "human"....but it does make you feel stomach-sick sometimes as the evidence mounts up that your little "refuge" was owned by people who were rather more "human" than you feel happy with..:( - or ground down into supreme submissiveness by the self-proclaimed " ones in charge" type people.

So - at a practical level - have you figured out what to do re getting a house to feel "peaceful/Refuge/etc/etc" after its had an owner that was either a or ground-down by someone else nearby that was a?

(Text removed by MSE Forum Team)

Genuine question - which I am pondering myself at the moment....

newbie_emma

silvercar wrote: »

I look at a repo and imagine the upset that the previous owners have gone through, the worry over debt, the desperate attempts to keep hold of their home and the trauma of having to unwillingly move. Doesn't give out nice vibes for the next owners.

This is exactly the thought process I've been going through, hopefully gutting the place and putting it right again will make it feel renewed and more positive and this will keep me from thinking of its past too much!

silvercar

We sent the post on to the ex-owners with a card, saying that we now realised that their time here had been difficult and we wished them well in the future. Having done that made me feel better - even though we had shelled out £££ to fix problems that they had hidden in order to sell. We also redecorated a couple of rooms that were a bit too 'their personality not ours'. Seemed to do the trick.

kinger101

I'm sorry, this is just a false dilemma. All this talk of "vibes" is absolute nonsense. You're buying the property from the bank, not the former occupier. Forget about the guy who lived there previously. This is just a financial transaction. The weight of his mistakes does not rest on your shoulders. He's not the only person in the world with problems, and you have no reason to worry yourself about his life more than anyone else's. It certainly will not alter his fate in any way.

"Rolling in the muck is not the best way of getting clean". Aldous Huxley

newbie_emma

Everyone is entitled to an opinion but I don't agree , I think everywhere has its own feeling and is what you make of it. Yes it's a financial transaction but I'm human and have been thinking about the emotions that have gone along with it. It wouldn't do for us to all be the same!

kinger101

newbie_emma wrote: »

Everyone is entitled to an opinion but I don't agree , I think everywhere has its own feeling and is what you make of it. Yes it's a financial transaction but I'm human and have been thinking about the emotions that have gone along with it. It wouldn't do for us to all be the same!

Well, this probably isn't the right house for you then.

PS - I'm human as well.