Woman Blames Prescription Diet Pills for Huge Home-Buying Mistake

sold home sign

Buying a house is a really big deal. Even pros who make their living off of buying homes, renovating them, and flipping them back onto the real estate market know this. And yet, sites that make bidding on a foreclosure as easy as bidding on a Michael Kors handbag on eBay exist and potentially set trigger-happy potential homebuyers up for disaster. 

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But that's one part of the problem that has landed Mary McKaig of Orlando, Florida in court.

McKaig, 54, says she mistakenly bid on a foreclosed home in Windermere, Florida on RealAuction.com on February 19. The home has more than $400K of debt, reports the Orlando Sentinel. Just days later, on February 23, she filed an objection in Orange County circuit court to put the brakes on the sale (which is permitted within 10 days of a foreclosure auction, according to Florida law). She claims in her court papers that she immediately realized she made a mistake after making her bid. A mistake she attributes to ... diet pills?

Apparently, February 19 was also the day she began taking prescription phentermine diet pills, which may have influenced her regrettable actions. Ooookay.

Lloyd McClendon, CEO of RealAuction.com, told ABC News that McKaig had, in fact, taken various actions on the site for months prior that made it clear her bid was intentional, and "the diet pill seems like a convenient excuse for not doing her research before bidding."

More from The Stir: 8 Top Home-Buying Mistakes (& How to Avoid Them)

Sounds about right, but at the same time, McKaig's arguing that she did do her research; she just didn't know about that big fat mortgage she'd owe 'til after she bid.

What ... a ... disaster.

This just all goes to show that you can never do enough due diligence before making such a major financial commitment. More than any other purchase -- except maybe a car, but that's still not in the same exact realm -- a house, especially a FORECLOSURE, requires having all the facts at hand before signing on any dotted line, or, as in this case, clicking a button. I would think most homebuyers would do well to work closely with a realtor and attorney when considering a transaction like this.

After all, using a site like this may be as convenient as signing into Amazon and ordering a ton of things you don't necessarily need or can't afford, but it's gonna cost you a LOT more if you realize you've made a mansion-sized mistake.

Who do you think is to blame in this case? Should the woman have known better, or do sites like this make it way too easy to buy a house?

 

Image via iStock.com/ajcasanova

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