If you were gifted 50% downpayment (with a hoarding MIL), what would you buy?

posted 2 years ago in Home
Post # 2
692 posts
Busy bee

I wouldn’t want to fight the family for the house, or live with the hoarding MIL.

I would ask the brother to buy me out, or see if he’s willing to sell the house and split the profits.

Post # 3
686 posts
Busy bee
  • Wedding: October 2013

Is your MIL part of every option? 

Post # 4
405 posts
Helper bee

I wouldn’t ever want to live with the in-laws or my mom again, no matter how much I love them and they weren’t hoarders.  I would nicely decline her offer and buy a fixer upper or stay in the current house.

Post # 5
4440 posts
Honey bee
  • Wedding: June 2013

Stick to your own place….if you can afford your own place without all of the attachments and strings…you’re better off in the long run!

Post # 6
1072 posts
Bumble bee
  • Wedding: July 2014

+1 for selling the house. That way you get to pick exactly where you live and won’t have to spend $100K and months/years updating the place. Going smaller is a good idea, but make sure you have enough space to be comfortable.

Post # 11
479 posts
Helper bee
  • Wedding: August 2014

It’s very noble of you to do this, especially if she really is a hoarder.  In your situation I would sell the house and buy something with a completely separate in-law space for her, with her space preferably on one level so she doesn’t have to deal with stairs as she ages.  I think that’s the only way I could handle it!

Leave a comment

Sent weekly. You may unsubscribe at any time.

Find Amazing Vendors