What do you do when you go to visit some close friends or extended family (people you really care about) and for convenience, meet in a restaurant. They announce they are packing and moving. You Zillow/Trulia them, and sure enough, the house just foreclosed.
It’s the family house they’ve owned for many, many years, and they took a very reasonable amount of equity out. The foreclosure amount being for the amount of the loan…they lost everything.
What do you do?
a. Tell them you know about the foreclosure
b. Pick up 100% of the evening tab which is in a fair priced restaurant
c. Offer some help. What kind?
d. Simply respect their loss and say nothing, avoiding to be too cheery
e. Act as if nothing happened
Sounds like a bit of a tricky little situation. At last check we didn’t know to Zillow or Trulia was a verb like to “Google” something, but we’re sure those companies would be flattered.
As for what to do…at the very least you gotta pick up the tab even if it’s Aqua or Gary Danko!