Thread: Advice needed
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Old 02-24-2004, 01:24 PM   #6 (permalink)
txlovely
Insane
 
Location: ...We have a problem.
Your brothers and sisters are key - if there will be animosity toward you and your family for taking advantage of this excellent offer by your parents, it may not be worth it. If they truly don't have a problem (and that includes their spouses), go for it - sounds like a good opportunity for all concerned. I would be careful with remodels you make, however if you make improvements to the property that eventually increase the resale value for your parents, they would probably be appreciative. I would certainly set a timeline for how long you plan to remain in the house and stick to it as well as either making improvements to the house and/or paying a small rent to your parents.
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