They started having a guy from a company called Pathways come to these events and get people to put 40k on 4 or 5 credit cards which put them in massive debt and wrecked their credit because of this dishonesty as well as other things said in the three days.2.

Those old homes are such a wild card! 

Got an equity line of credit and borrowed from it to pay cash for the property.

3️⃣ Too-Good-to-Be-True Terms – 100% financing, super low rates, no credit check… is this ever real?

Unfortunately, this reassessment is unavoidable, so you’ll need to evaluate whether transferring the property is worth the potential tax increase.If a Transfer Is Not Feasible:If the potential property tax increase makes the transfer impractical, an alternative option is for your father-in-law to secure a Home Equity Line of Credit (HELOC) on the property.

It will likely still continue being a difficulty.You mentioned bills, are they credit card bills?

For financing, shop around with local banks, credit unions, and mortgage brokers to secure favorable terms.

This is probably a place where you go to one of the personal loan sites to borrow money or maybe a credit union. 

Can I just try to cancel the card?

With the right resources and help, you can still make it happen.There are options that can help make buying a home possible today — even if your savings are limited or your credit isn’t perfect.