Haunted House Leads to Bankruptcy

Posted by: Sally S. | Mar 09,2008

Among the odder tales of financial woes in the news this week include a woman who had to file for bankruptcy after battling a lawsuit brought on by the people who purchased her home- and then claimed it was haunted.

 

According to the Telegraph Herald newspaper in Dubuque, Iowa, Rita Russow was forced to file for bankruptcy after being sued by Chad and Michelle Miller. The Millers brought suit for a number of issues related to the home they bought from Russow, including roof leaks, structural defects and the 1992 suicide of Russow’s husband. The Miller’s realtor, Dominic Goodman, and his real estate company were also named in the suit for charges including misrepresentation, statutory nondisclosure and negligence.

 

Russow contends that the Millers are claiming her house is haunted simply to get out of the debts that they owe. In addition to suing for money lost in the transaction (the property didn’t appreciate in the time that they owned the property), the couple also sued for punitive damages and attempted to get the sale rescinded. The Telegraph reports that the couple is still living in the haunted house. 

 

If you’re looking for an eerily good deal on a home loan, check out LowerMyBills.com. LowerMyBills.com lets you compare rates from multiple lenders so you know you’re getting a deal that’s so good, it’s scary. 

Sponsored Resources Ads by Google