Thanks To A Stroke Of Luck, This Single Mom Managed To Live Rent-Free For Years In Midst Of Recession
A single mother worried about how she would pay the rent on the beautiful home she and her kids were living in. However, an unusual crisis in America would, surprisingly, work to her advantage for almost an entire decade.
A Unique Living Arrangement
In 2005, single mom Lisa Hardy was working as a realtor for a company named Showhomes Property Management in Indianapolis, Indiana. Knowing she was trying to get her finances in order, the company allowed her and her kids to stay in a three-bedroom home rent-free.
Lisa knew that she would eventually have to start paying rent on the home. However, her company gave no timeline as to when that would be. A year later, Lisa was still living there rent-free. But then a huge financial crisis hit.
A Mortgage Meltdown
The mortgage crisis in America in the late 2000s hit the real estate industry hard. Showhomes Property Management struggled and ended up laying off Lisa and going out of business. Lisa knew for sure that she’d have to finally pay for her home.
The mom stayed in the house, waiting for a letter or call telling her to pay up. Nothing ever came. So Lisa simply continued to pay for the utilities. While other homes around her were put up for auction, hers, oddly, never was. So she and her kids stayed put.
All’s Well That Ends Well
Nine years later, it was like the house had been completely forgotten in the midst of the crisis. Lisa continued to raise her kids in the house and save money. Finally, in 2014, that changed. An investment company in Singapore called CTL Group bought the property. The founder, Clara Tan Lisin, had no problem with Lisa staying there, as long as she could pay rent.
Lisa and Clara worked out a deal so that Lisa was able to stay. Even though she had to finally pay rent, Lisa was a little relieved that no one would kick her out at random. Nine years of no rent was pretty sweet while it lasted, though!
More in Life Hacks
Indiana Woman Shares Brilliant Life Pro Hack To Cure Every Migraine
No one likes migraines. They ruin your entire day. The painful headaches have been rated the top-three most common illnesses for...July 11, 2019
‘Plant Power’ Proves To Increase Productivity At Work
Being tethered to a desk at work for hours can suck the energy out of your day. In the race to...July 9, 2019
She Was Constantly The Bridesmaid, So She Decided To Do Something About It
Jen Glantz kept being asked to be a bridesmaid over and over again. She had seen and heard it all: the...June 10, 2019
5 Of The Top Questions About Cell Phone Batteries Answered
When your cell phone battery stops working right it becomes a thousand times more difficult to use your device. It goes...June 8, 2019
Reboot Your Body And Feel Brand New With These Life Hacks
Believe it or not, you don’t have to empty your wallet to improve the state of your body and health. There...June 3, 2019
10 Magic Features On Your Cellphone That You Probably Didn’t Know About
Ever wonder if you could do more on your cellphone than just browse Instagram? Well now, you can. There are tons...June 2, 2019
8 Great Ways You Can Still Use Your Old Smartphone
Millions spend hundreds of dollars each year on a smartphone for the latest apps and features. Eventually, though, we all move...May 21, 2019
How The Photos In One Tweet May Help People Figure Out They Have Astigmatism
Do you ever think you might see things differently than others? That your vision might not be quite right? While only...May 7, 2019
Researchers Paid People To Take A Facebook ‘Detox,’ And This Is What They Found
Facebook is such a dominating force in our society; it might be impossible to imagine life without it. Researchers at Stanford...March 26, 2019