Since we don't get a lot of questions, I thought I'd ask one: Would you?
On a Whim, Woman Buys Foreclosed Home and Gives It Back to Owner
Thursday, October 30, 2008
DALLAS — A Texas woman went to a housing auction distraught about the prospect of watching strangers bid on her foreclosed home.
Then one of those strangers bought it back for her.
Now Tracy Orr can return to her Pottsboro home, making payments to the woman who unexpectedly and impulsively bought it for her.
"It means so much to all of us," Orr told Dallas television station WFAA. "It's not just a house."
Marilyn Mock said she was acting on instinct on Saturday when she decided to buy a house she had never seen for a woman she had never met. Mock was at the foreclosure auction to help her 27-year-old son bid on a house when she struck up a conversation with Orr, who was crying about losing her home.
Orr had bought the house for $80,000 in 2004 but fell behind on the payments. She lost her job a month after taking out the loan, and earlier this year she lost the house. On the spot, Mock decided to buy it, eventually bidding $30,000.
"She didn't even know if I had a job or was a nut case," Orr said in a story for Wednesday's online edition of The Dallas Morning News. "She didn't even see a picture of the house."
Mock told a crying Orr she could stay in the house, making payments to her instead of a bank.
"She needed help. That was it," Mock told the newspaper. "I just happened to be there and anybody else would have done the same thing."
Orr said she hopes others will do as Mock did.
"More than my house, she gave me something inside, and that's more important than material or financial things," she said.
The two are waiting on final approval from Fannie Mae before visiting the home.
Mock's son also got a home at the auction.