Current Events > I'm buying my parents house. AMA

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Space_Man
11/05/18 4:12:04 PM
#1:


Valued at 330k but my dad is selling it for 250k because I need to do a bunch of work on it.

I just bought a new oven/stove and replaced the hot water tank.

Probably won't be mine until sometime next year when I have enough for the down payment.

Also going to be renting rooms to my brother and sister who live there currently. My parents don't make them pay rent but I will!!

So excited lol. It's 6 bedrooms so I can get a bunch of cats and stuff
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Garrafan
11/05/18 4:12:57 PM
#2:


blogfaqs but congrats
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Menardii
11/05/18 4:13:03 PM
#3:


Space_Man posted...
Also going to be renting rooms to my brother and sister who live there currently. My parents don't make them pay rent but I will!!

That's fucked
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ChainedRedone
11/05/18 4:13:05 PM
#4:


Space_Man posted...
So excited lol. It's 6 bedrooms so I can get a bunch of cats and stuff


You know someone's lonely when they think like this. Get some friends bro
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cavalierking
11/05/18 4:15:08 PM
#5:


why can't your parents just give you the home

and why are you gonna be charging your own siblings rent

the fuck
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C_Pain
11/05/18 4:17:02 PM
#6:


Geez...

My parents did the same thing though when my dad's parents were moving to Florida. It was fully paid off.
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awesome999
11/05/18 4:17:27 PM
#7:


The one you grew up in? That's great

cavalierking posted...
why can't your parents just give you the home

and why are you gonna be charging your own siblings rent

the fuck

You can tell this guy is spoiled with free handouts

Not trying to offend btw, just an observation
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KILBOTz
11/05/18 4:20:14 PM
#8:


i was talking with my parents recently and they want to give me their home while they continue to pay taxes and do maintenance. they think this is the most tax advantageous time to do the transfer, that in the future they won't be able to do it without huge fees.
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Space_Man
11/05/18 4:29:29 PM
#9:


My siblings are only paying rent to help with mortgage payments. I'm only gonna ask them for like $100 each month so I don't drown in bills. I'm paying to maintain the place currently which is why my dad is charging me less. They paid it off a year ago.

Also I'm only gonna have like 5 cats so it's cool
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Menardii
11/05/18 4:30:16 PM
#10:


Space_Man posted...
My siblings are only paying rent to help with mortgage payments. I'm only gonna ask them for like $100 each month so I don't drown in bills. I'm paying to maintain the place currently which is why my dad is charging me less. They paid it off a year ago.

Also I'm only gonna have like 5 cats so it's cool

Ah, that sounds more fair.
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Veggeta X
11/05/18 4:30:40 PM
#11:


Imagine selling your house to your kids instead of, you know, giving it to them for free or just having them take over what's left on the mortgage. I swear families in the US don't know how to love each other.
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Ryetoast
11/05/18 4:33:19 PM
#12:


Veggeta X posted...
Imagine selling your house to your kids instead of, you know, giving it to them for free or just having them take over what's left on the mortgage. I swear families in the US don't know how to love each other.


Probably will go to a smaller place so they can retire and have peace of mind..
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Space_Man
11/05/18 4:58:20 PM
#13:


Ryetoast posted...
Veggeta X posted...
Imagine selling your house to your kids instead of, you know, giving it to them for free or just having them take over what's left on the mortgage. I swear families in the US don't know how to love each other.


Probably will go to a smaller place so they can retire and have peace of mind..

That's exactly what they're doing lmao. He's also selling it to me for less than it's value, he helped pay for my car a few years ago, and has given me some money for school when my scholarships ran out

This is very fair in my opinion
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There sure are a lot of different mes just like you have a lot of different yous!
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