Hi Roz,(posted 8065 days ago)I have every respect for your wish to own your own home. That right is not in question, nor is your wish to save money.
I can't blame anyone for wanting something at a cheaper rate but I feel it is not fair to compare repossessed houses with discounted goods on sale in a shop.
You will find that those goods in a shop have been obtained legitimately and offered at a price that the seller can sustain. I would ask, if you were offered the latest brand new DVD player at a car boot sale for less than half price would you question it's source or legitimacy? A lot of people would not and that is why those that steal have a market for their stolen goods.
Those that snap up repossessed homes that are often being undersold at a loss to the original owner likewise often do not question the legitimacy of the sale and thus provide the market for the trade to continue.
It's basically a moral question and I respect those that consider the question as such and make an informed decision.
Some may consider that a decision to purchase a repossessed "bargain" does not compare with buying "fell off the back of a lorry" goods. I respect the freedom to have that point of view but some may consider otherwise.