I just got an email from my Mom in Portland...they are losing their home. Things started going from bad to worse this past year...their camera business started failing & my dad took a second job at Fred Meyer's, working 11pm to 7am. Then, he'd come home, take a shower & a nap and go to work 9am to 5pm.
They bought that house in 1976 right after they were married (for $23,000) and now, it's appraised at $850,000 (it was $1.5 million four years ago). It is the house I grew up in and I'm in tears here now...
They have been trying to sell their house for two years (the market sucks) and their shop as well...they were hoping to get both sold, pay off debt & walk away with $500k or so. Now, it looks like they will have NOTHING to show for the last 30 years of 8am to 5pm, 6 days a week of work...
I have offered our home to my parents until they can get back on their feet...but my dad is nearing in on 60 years old and my mom is close behind...both are in poor health (diabetes, high blood pressure, etc) and I am just devastated.
They bought that house in 1976 right after they were married (for $23,000) and now, it's appraised at $850,000 (it was $1.5 million four years ago). It is the house I grew up in and I'm in tears here now...
They have been trying to sell their house for two years (the market sucks) and their shop as well...they were hoping to get both sold, pay off debt & walk away with $500k or so. Now, it looks like they will have NOTHING to show for the last 30 years of 8am to 5pm, 6 days a week of work...
I have offered our home to my parents until they can get back on their feet...but my dad is nearing in on 60 years old and my mom is close behind...both are in poor health (diabetes, high blood pressure, etc) and I am just devastated.