Friday 31 October 2008

Texas Samaritan buys woman her house at auction

A woman distraught over losing her house showed up to watch it auctioned off, but that wasn't the end of the story. Tracy Orr will return home after a stranger bought the house back for her Saturday.

"It means so much to all of us," Orr said. "It's not just a house."

Marilyn Mock said she decided on the spot to buy the house after striking up a conversation with a sobbing Orr at the auction Saturday. Mock was there to help her 27-year-old son bid on a house.

Mock successfully bid $30,000 for Orr's house in Pottsboro. Orr will make payments to her once the deal is finalized.

"She needed help. That was it," Mock said. "I just happened to be there, and anybody else would have done the same thing."

Orr bought the house for $80,000 in 2004 but lost her job a month after taking out the loan. She fell behind on her payments and lost the house this year — an increasingly common story across the nation.

"She didn't even know if I had a job or was a nut case," Orr said in the Wednesday online edition of The Dallas Morning News. "She didn't even see a picture of the house."

The two are waiting on final approval from mortgage giant Fannie Mae before visiting the home. Mock's son also bought a house at the auction.

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