Hypocrite nephew
The story
Im a veteran with some mental health issues facing foreclosure. My nephew will pay the bank what I owe and let me stay for $500 a month for life and the deed be in his name. But wont do a lease purchase and let me pay him $500 a month for 6 years. Im unable to get a loan cause the number of missed payments.
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Points of view
Man, that sounds like a tough spot you're in. It's wild how banks can be so unforgiving; I mean... it's hard dealing with mental health and financial stuff at the same time, huh? Your nephew's offer feels like a bit of a mixed bag 'cause while staying in your home is great; giving up the deed stings! Maybe chat with him about finding some kind of middle ground or see if there are any local veteran resources? Hope things get sorted for you soon!
sounds like you're really caught between a rock and a hard place with that foreclosure situation. giving up the deed is a big deal, especially when it's your own home we're talking about, but i guess at least you have family willing to help out in some way. it seems kind of harsh that your nephew won't consider a lease purchase option; you'd think family would be more flexible. what does he say about why that's not possible? maybe there's something else going on that's pushing him toward this arrangement instead? blocks like this are frustrating, but sometimes getting to the root of them can shed some light on unexpected solutions.