Grandpa Builds Tallest House in Town for Family, Only to Drain the Equity, Leading to Foreclosure

When buying a property and beginning to build on it, you need a bunch of permits, and the house needs to pass inspection, which won't be possible if you don't build according to country code. But sometimes, if you're smart enough, you can dodge the rules, and make up some of your own. It doesn't always work, but when it does, it's quite something. In this case, OP shared a story about his 'shady' grandpa, who according to OP, was a very smart man, but also, not the greatest person in the world.

He found a way to avoid doing what inspection told him to when he bought a house, enabling him to build the tallest house in the entire town. He then rented this house out to his son, OP's dad. Unfortunately, as previously stated, Grandpa was sort of a shady man. He began missing mortgage payments, and one thing led to another…

To read a full, detailed account of the events, you are welcome to scroll below. But I'll give you a fair warning… this story doesn't exactly have a happy ending. It's one of the more realistic ones. For more stories like this, here is an employee who found out a coworker was making 16k more than them, and when they asked for a raise, they were denied one.

Like what you see? Follow our WhatsApp channel for more.

Advertisement

Stay up to date by following us on Facebook!

Tags

county bank malicious compliance house grandfather construction inspector permits Grandpa family inspection grandson property foreclosure contractor auction equity

Scroll Down For The Next Article

Also From FAIL Blog

'That weekend [...] doubles as our vacation': Bridesmaid wants to bring her boyfriend to bachelorette party at bride's sister's expense

'That weekend [...] doubles as our vacation': Bridesmaid wants to bring her boyfriend to bachelorette party at bride's sister's expense

Trending Now

'[He] asked HR to prove it': 15-year employee in his late 50s saves himself from getting fired when company doesn't want to pay his pension

'[He] asked HR to prove it': 15-year employee in his late 50s saves himself from getting fired when company doesn't want to pay his pension

Teacher told to "work contracted hours" when he's been helping kids in the gym after school, he stops forcing the district to hire someone: ‘I was told to work my contractual hours, I’m only paid until 2:22. I did this for fun, and it was unofficial’

Teacher told to "work contracted hours" when he's been helping kids in the gym after school, he stops forcing the district to hire someone: ‘I was told to work my contractual hours, I’m only paid until 2:22. I did this for fun, and it was unofficial’

20-year-old cancels vacation after 21-year-old "bestie" assumes she'll pay for all the expenses herself: 'This trip was her idea!'

20-year-old cancels vacation after 21-year-old "bestie" assumes she'll pay for all the expenses herself: 'This trip was her idea!'

Employee quiet quits for 6 months until neglectful boss notices and fires her: 'I honestly can't believe it took them this long to notice'

Employee quiet quits for 6 months until neglectful boss notices and fires her: 'I honestly can't believe it took them this long to notice'

‘I brought the company to a standstill to make a point': Manufacturing comes to a halt when an engineer weaponizes a software flaw he had been trying to fix for months, ends up getting updates fast-tracked by the VP himself

‘I brought the company to a standstill to make a point': Manufacturing comes to a halt when an engineer weaponizes a software flaw he had been trying to fix for months, ends up getting updates fast-tracked by the VP himself

‘Guess I’ll budget for strangers’ dairy next time’: Entitled grocery store goer expects the customer in front of her to pay for her gallon of milk because they ‘look like’ they can afford it

‘Guess I’ll budget for strangers’ dairy next time’: Entitled grocery store goer expects the customer in front of her to pay for her gallon of milk because they ‘look like’ they can afford it

Advertisement