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.

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Posted by Eleonora Bader

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

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