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Found out a friend is in financial trouble... well maybe.
I was on a local MLS site pricing out some rental properties I'm interested in when I saw his home for sale... a foreclosure sale.
He hasn't said anything to me and I just spoke to him yesterday. I'm a little concerned but at the same time these personal matters or usually best spoken on when the person in trouble is ready to come out and speak on it.
For all I know it could be one of those calculated foreclosures and he knows what he's doing...
So whatcha think ask... or wait for the help me move my stuff phone call?
A foreclosure is a huge thing in a person's life, as well as finance problems all together. That's something very personal. Don't ask. If they want to vent and share with you then that's different but if you know of something, don't ask. Just seems intrusive imo.
Is this friend known to take pretty good care of his house and property? If so, it could be a great deal. You're already in the market for a rental property. Make him an offer.
I think the only reason I would bring it up, is IF I was able to help... clearly in this case, the help would have to be financial, and maybe considerable. So, unless you can make a difference in his situation, don't add to his stress by asking what is really none of your business... JMHO...
Last edited by valeeighty2; 04-06-2012 at 09:57 AM..
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