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http://www.kutv.com/mostpopular/story.aspx?content_id=21361ed9-30ca-4150-adab-d1f81bf50306Living In Luxury In Shaky Real Estate
It almost sounds too good to be true. With the nation's housing market in the dumps, some people are living in expensive homes, for just a fraction of a monthly mortgage payment; and its happening right here in Utah. Autumn Marler plays with her three children while her husband is away from home, working two jobs. But it hasn't always been this way.
“My husband lost his job recently and we lost our home for a foreclosure,” says Autumn. “He loves the fact that he doesn't feel like a failure because we're still living in a nice home.” The Marlers live in a beautiful 4,000 square-foot home in Kaysville... Well, not exactly. The home is owned by a family who now lives in Massachusetts. It's for sale for $349,000. The Marlers are just "tending" it. “I'm paying an awesome amount of rent to live here,” says Autumn, “550-bucks a month.” But the Marlers move in their own furniture, pay all the monthly utilities, shovel the driveway and keep the home spotless for potential buyers who want to check it out. “A 2-bedroom apartment is about what we could probably have afforded, this is a much better option for us,” says Autumn.
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But, of course, there is a catch. As wonderful as the situation might seem, as a hometender, you always have to be prepared to pack up and move out. “They're given about 10 days to move out from the day they get an offer,” says Cathy.
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