Some Foreclosure Buyers Feel Guilty

Foreclosure guilt is affecting some people who can afford to buy low-cost properties even though friends and family haven’t been so lucky.

As Anya Sanko who bought a foreclosure in Las Vegas says, there’s a hard-to-shake worry that “you’re capitalizing off of somebody else’s misfortune.”

Some people dismiss this as unwarranted drama, but Santa Fe psychologist Sylvia Lafair thinks that “there is a guilt of survivorship that is real.”

Lafair has provided counseling for real estate practitioners who say clients express this concern.

Lafair recommends that people ease their pain by doing something kind for those less fortunate. “My recommendation is that when you’re moving, take (your) old stuff and say, ‘Do I really need this?’ and give it to a shelter or the Salvation Army. One way to balance the guilt is to do something to be gracious,” she says.

Source: USA Today, Steve Friess

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