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Dave Dave is offline
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Default Buying a house with parents


"Shawn Hirn" wrote in message
...
I am considering participating in a new program my employer has to buy a
home in my employer's area with financial assistance on their part.
Unfortunately, the homes I could afford are real fixer uppers and the
neighborhood is high crime. I am single (but that might change one day).
I have no kids. I live in a small apartment in a suburban area now. I
also want to live in larger quarters very much.

My folks are dead set against my idea because of high crime in the area
I am considering. My parents made me an offer that's tough to refuse. My
dad's 81. My mom's 69. I am 46. They want to essentially put down what
would contribute a large down payment toward of the cost of a house, put
it in my name, and we would share it. I would make the mortgage
payments. We would share utilities.



You call THAT tough to refuse? If you want to stay single forever, I guess
it's worth a momentary consideration. Nope, the idea still sucks. Even if
you are strong-willed enough to live your own life in spite of your parents'
constant meddling, having your parents in the same building will still have
a severe impact on your privacy, which WILL alter your behavior, likely in
ways that will hamper your social (ie sex) life.

Again, consider this only if you want to remain single for the rest of your
life. Then again, best advice would be simply do NOT do it. -Dave