Reply #29: I must step up and disagree. You don't know whether the foreclosure resulted from misfortune [View All]

[slackmaster]

Or from poor financial decisions, or from being the victim of a scam, or something else, or from a combination of factors.

My parents lost their house to foreclosure a few years ago, and my husband and I would rather continue to rent than to take advantage of that kind of a situation.

And continuing to rent would help your parents somehow?

I understand that being in the same family as the people who lost the home makes it a special situation, but in general it doesn't do the pervious owners any good to pass up what may be a good deal for you. Would your parents be proud of you for making a symbolic stand like that? I'm sure mine would not.