$6 House - Repercussions

[Michael Johnson]

Hi BP community

I know we're all out there looking for a good deal. Every once in a while an unbelievably fantastic deal shows up. Imagine being the person who found a quarter million dollar house for $6 (actually more when you add in the penalties and interest). Here's the story of exactly that:

http://abcnews.go.com/US/wireStory/judge-upholds-sale-widows-home-bill-23503592

How does this make us look? Are we ruthless land grabbers who are out to make a fortune on the backs of "innocent" victims, or are we helping to make the world a better place by assisting people who are in a bad place financially? Maybe somewhere in between. I'm curious to see what the thoughts of the general BP membership are on this. I know what my thoughts are, but will save them for later in the thread.

Questions:

1. Is this ethical?

2. Should the investor have worked with the homeowner?

3. Is this going to make our job harder?

4. Is there more to this story I haven't found? (I've looked all over for info on this and have a lot more than the single article I posted.)

Bonus question - Are you envious of this deal?

-Michael