This weeks Crybaby did the following:
- She signed a contract to buy an apartment blowing her inheritance that she received after her father’s death.
- Two years later the contract gets enforced and it is time to pay the balance
- She cries to the media
- She cries some more and then sets up a bludge a little page
A student says her real estate agent mother convinced her to buy an apartment she couldn’t afford.
Bridie Campbell, the Auckland student who agreed to buy a $636,000 Sugartree apartment […] but now can’t afford to pay, has established a Givealittle page and advertised the unit for sale.
Campbell said yesterday she hoped to raise $60,000 from well-wishers then borrow the balance which might enable her to settle but in the meantime, she wants offers for the Nelson St/Union St Altro place she is legally obliged to buy.
[…] her father died […], she inherited money, paid the deposit, but now can’t settle, “after going to every single bank and multiple mortgage brokers approaching it from every possible angle.
[…] the agent was my mum. She did not warn me whatsoever about the difficulties I might face getting finance. I was informed that it was highly likely the value of the apartment would increase significantly and the equity would compensate for the low deposit. I was also informed that alternatively, I could on-sell at a gain. This was a fallacy,”
A Newspaper