Quote:
Originally Posted by Traum
Yeah, I bet you have the crystal ball that foresees everything that will happen in the future.
Hindsight is always perfect. There is no point in laughing at this couple's misfortune now. The only meaningful question to ask is, at the time of purchase, had the couple hired an experienced inspector to check the unit and the whole building out? If they did, they took reasonable measures to mitigate their risks, and they still lost, so no blame is really be directed at anyone. If they hadn't, then certainly they bear more responsibility to their misfortune now.
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Any rational consumer should know the risks before going hundreds of housings of dollars into debt.
And inspectors are usually half arsed butt buddies with realtors- never use a realtor recommended inspector, another simple must do for people taking on more debt than they can pay off within 20 years (I still don't get it how ppl can take on that much risk on 1 asset)