Son Gifts Parents with Childhood Home, Lost to Foreclosure

Updated: Wednesday, 14 Sep 2011, 5:49 PM MST
Published : Wednesday, 14 Sep 2011, 5:49 PM MST

PHOENIX - A valley family who lost their home to foreclosure two years ago is getting it back -- much to their surprise.

A small house in a humble neighborhood, just west of downtown Phoenix, might not seem like much to the average home buyer. But for the Cordova family, this house was home.

Jose Sr. bought the home back in 2004 but lost it to foreclosure when he lost his job. But Jose Jr., an army veteran at age 22, with tours to Afghanistan and Iraq under his belt, wanted to do something to make his parents lives easier.

He saved up $30,000 during his deployment overseas, and miraculously found his childhood home for sale.

"It means a lot 'cause he did put a lot of work in, he rebuilt the whole thing pretty much. I remember I used to see him and helped him a few times with whatever I could do," says son Jose Cordova, Jr.

G-II Varrato told us this story is as unique as it is heart-warming.

"This is one of the best things that we have ever done. In 25 years of real estate this is the best transaction," says "G-II" Varrato, II of Coldwell Banker.

"It's my family and that's how it supposed to be, pretty much you got to help your family," says Cordova, Jr.

"[translated from Spanish] At times, it's hard to find the words to explain what I want to say… But I would like to somehow thank my son," says Jose Cordova, Sr.

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Son Gifts Parents with Childhood Home, Lost to Foreclosure

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