Woman eBays $103,254.11 In Debt
This lady is trying to eBay her family's $103,245.11 in debt. It comes with her house and car (loving family not included). I guess it could be useful if you're trying to decrease your tax liability, or you just want to feel part of the credit crunch crisis. Maybe you could work out a Prince and the Pauper thing.
My Debt, all of my worldly bills comes w/house and car [eBay] (Thanks to Ryan!)
This is a test using rich text formatting and html links. It's the generic "company" ad that should appear on all posts with the Company category if they don't have an ad attached to a specific company.
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Comments:
I dunno why it's creepy.. he said he wanted her to be older :) Made me laugh in any event.
This kind of thing is so sad. I think RamV10 was just joking. Lighten up.
@RamV10: Too bad we don't have a "This week in comments" feature here like there is on Kotaku, because you'd get my nomination!
What's curious to me is what in their situation leaves them unable to pay down 100k.
::checks paypal balance::
sorry bro'
Why do they still owe 9K+ on a 4 year old car?
If you read the ebay posting closely you will see that it is actually the wife who posted it, only reason why I mention it is because the article says its the guy who posted.
Working link:
[cgi.ebay.com]
The auction was likely written by the woman, not the man. From the itemized debt list:
"credit card husband's
credit card self"
And the writing style feels like "mom did it."
It's sad they feel driven to this action for relief. Their debt is relatively mild considering it includes their mortgage.
Amateurs. I had a little over half of that in just credit card debt seven years ago (due to a bad choice of girlfriend followed quickly by a 13-month stint of unemployement), which I finally paid off last year. I know people are desperate for quick fixes, but seriously -- put in a little hard work, bite the bullet and things will eventually get better. These people owe next to nothing compared to a lot of people out there.
Is that you, Mitch Hedberg?
@Katharine: They probably went to the car dealer and said "I want a car with a payment of $xxx/month and that landed them in a 6+ year loan or possibly a balloon payment. It is unfortunate as the car is only worth about $8000 fully loaded (leather, sunroof, automatic everything, chrome wheels etc. in PERFECT condition with below average miles).
The sad part is, even if someone were to "buy their debt", and the buyer took their jome and their car, the family would be back in the same situation again as the average home price in Erie PA is about $92K, and they will likely purchase another car which combined will put them back at about $103K in debt as they will get NOTHING from the sale of their home.
I agree.
I had much more credit card debt five years ago - approaching 20 grand. I paid it off this year. And the ad was placed by the wife, not a "man". Having a house and all that and only being in debt a hundred grand seems like nothing. Of course, they are in Erie, Pennsylvania. Actually, I just looked at it again and think it's probably a plant by eBay to drive up clicks.
Wonder if I can get someone on Ebay to buy me a house?
What sports teams do you root for in Erie, PA?
would it be Cleveland? Pittsburgh? Toronto??
i live in washington and in some neighborhoods, that house would be closer to 200,000 itself (more if in seattle). am i the only one thinking "that's a damn good deal!"
although the neighborhood doesn't look too great. perhaps the value isn't that great because of it.
**am thinking perhaps the value would be more in nicer neighborhoods of pennsylvania
@8abhive:
it's definitely the wife, not the husband. plus, I don't know a man who would have the username "destiny222"
Perhaps the fact that 10% of the auction goes to a hospice for the terminally ill sheds some light on why this auction is happening...
so what happens if I bid $1 and win? Do I get the house and car?
It's too bad he's not selling that mullet, too.
I'll take the daughter. Gimme the other two as well, they might turn out alright.
Greetings, friend. Do you wish to look as happy as me? Well, you've got the power inside you right now. So use it. And send one dollar to Happy Dude, 742 Evergreen Terrace, Springfield. Don't delay! Eternal happiness is just a dollar away.
I would bid on getting the parents both a makeover. Those hair styles are brutal.
I don't get it. They don't owe their debt to sell it. The people/corporations they owe the money to own their debt. I don't see how selling their car and house on ebay for $1 will help their situation in the slightest.
oops, the first 'owe' should be 'own'
I wish I found this gimmick charming, but I just find it cloying and pathetic.
Odd that no sob story detailing why they need someone to take over their debt "to prevent stress and heartache" is mentioned.
They should try harder.
Don't you get it? The wife IS A MAN!!
Aww, darn, they fixed the OP...
even more interesting (or frightening), go through her feedback and see what kind of stuff she buys...
You know someone will buy it -- look at all the people that bailed out that lady who put up a website (Save Karen or something) about her massive amount of credit card debt.
Seems like there would be some legal issues in bidding at all. From the way I look at it, a really generous person might bid negative 100k, and then be saddled with 3k of the family debt. If I bid the pay it now, I would be in effect, giving them 100+k to be saddled with their debt of 103k (200+k). Alas, I have little interest in additional debt, and have an even smaller amount of extra money.
@raleel: RamV10's comment is creepy to me, even with the precision regarding the age of the girl, because I find creepy the idea of people being bought or sold like merchandise.
But creepy and funny are not mutually exclusive. (Yep, I've got a dark sense of humor.)
I don't really understand how this would work. Are you buying the right to owe that money, or are you just paying the debt. "Buying their debt" seems to imply the former.
Bet the kids LOVE all their friends knowing their bidnezz now...
How much would the seller's fees be on this if somebody bought it...
How much for the women? The little girls? How much? Sell me your children!
@DeltaPurser:
$4.00 insertion fee + 8.75% of the initial $25.00 ($2.19), plus 3.50% of the initial $25.01 - $1,000.00 ($34.12), plus 1.50% of the remaining closing value balance ($1000.01 - closing value) so by my calculations it would cost you $1574.12 for someone to take your home, your car and $35K in random debt
$4.00 + 2.19 + $34.12 + (.015 x 102,254.10) = $1574.12 Ref: [pages.ebay.com]
This is disgusting. Without knowing more about their "unfortunate situation" that they seem to have done to themselves, at MOST someone should offer to help them cut costs and develop a budget.
The internet is not a street corner for panhandlers.
whoa they can't even pay off 100K in debt? i have about that much debt cause of my house, and even I don't have a problem making the payments, and i'm sure i make much less then them because i'm single...1 income.
based on past purchases and desire to leave it all behind, I bet they're starting their own polygamist community.
The link seems to be broken.... and I won't even begin to mention how creepy RamV10's comment is.