This thing would benefit my family greatly, but could possibly hurt a friendship.
You see, the house we are living in right now we are renting. We have a lease/purchase option, and we are scheduled to buy the house next summer. We have already agreed to a price with the landlord- who happens to be a friend of the family. Thus the problem. We have just found out that our city is offering an incentive for people to buy homes in foreclosure. The house across the street from us, with one more bedroom and is waterfront property, is in foreclosure. The city will give you 40% with the promise to stay in the house 5 years. With the city incentive, that effectively means that the house across the street from us would cost us half of what "our" house will cost us.
If we hadn't been friends with the landlord, there would be no trouble. We would just say we had found a better situation and be done with it.
But we ARE friends with the landlord. He really did us a favor by renting us the house, when he could have sold it for a much higher price last year.
What to do?? Continue renting and then buy the house next year, or break our lease with our friend, buy a house NOW and have a mortgage that will be half of what it would be otherwise??!!
Please pray for clarity of mind and wisdom in decision-making.