her house needs alot of work but we would buy it for 45k....it is a 4/2 with no garage....we just built a new 4/2 with a 2 car garage and a dream pool (i build them for a living)....we owe 190k on ours, but it is brand new and in florida that means less electricity, insurance, and way better resale....
2007-12-09 08:45:55 · 15 answers · asked by johnny r 2 in Family & Relationships ➔ Other - Family & Relationships
both houses are in south florida and thank you for the responses
2007-12-09 08:57:09 · update #1
Live in your own house, you can always sell it later if you wanted to. The mother in laws house is not really what you want to live in, and if you want to dump the other house.
2007-12-09 09:01:12 · answer #1 · answered by redd headd 7 · 0⤊ 0⤋
As a former Geriatric nurse ( 20yrs) and a new Real Estate salesperson (2007) Your first priority is your mother in law
I assume mom can no longer live alone, therefore here is your best option.
Ranch style home ( one floor) less chance for falls and broken bones. Preferably with a bath attached to moms' room
If mom's house is a ranch then Mom would be happier in her own surrounding because she is familiar with her surroundings (less chance of confusion).
As a person who recently moved from Florida and relocated to NY I can honestly say that where we are is comparable to where we were in Florida as far as insurance, electric etc.
Resale ?? All across the country it is a buyers market .. and historically the buyer sets the sale price. So you can say better resale but I have watched that housing market continue to slide for existing homes.
My opinion .. If mom's house is in decent livable condition, fits the bill, and has good potential choose it and sell the new construction in Florida
2007-12-09 08:57:59 · answer #2 · answered by That_ blue_ eyed_ Irish_ lass 6 · 0⤊ 0⤋
Keep the new one with the pool and dream location! It's much better to go with the newer one since the older one needs extensive work, and will never really feel like YOUR home. Even tho you buy it...it would still "seem" like her home. You and your spouse have made a choice to buy a dream home and should not have to give that up...I think it's wonderful that you're willing and able to take in an in-law. That is enough of a sacrifice without giving up your own house
2007-12-09 08:51:19 · answer #3 · answered by Anonymous · 0⤊ 0⤋
Well I Would live in The brand New only b/c like u Said Less elect. ins. andbetter resales. Plus U want the feeling of the new house smell that need no work its brand new and u want to feel the feeling of living in ur own creation
2007-12-09 08:51:59 · answer #4 · answered by Rachett 1 · 0⤊ 0⤋
I think I would stick to the one you just built. Yeah, you may owe a bunch on it. Look at it this way; how much are the repairs going to cost you on the older home? Will there be new repairs uncovered while fixing the already known about repairs? The pool is a nice addition also!!!
Good luck!
2007-12-09 08:50:31 · answer #5 · answered by momof2herns 2 · 0⤊ 0⤋
I would say that unless you are in finacial hardship and in jepeordy of lossing or ruining your credit on your new home stay put. If she is living with you she needs to adjust to you for it will be hard enough and moving out of the home you love and just built for your family on top of it all can cause remorse.. so stay put and open your arms for her.. besides you can sell her house and use it to pay off things for her, medicine, care, or a trip she has always wanted.. good luck!
2007-12-09 08:51:07 · answer #6 · answered by Anonymous · 0⤊ 0⤋
LIVE in the 45K house and fix it up.
Sell the Florida one and use the money to make the older house new.
Good luck with the in law situation. :)
2007-12-09 08:49:19 · answer #7 · answered by Southern Girl 3 · 0⤊ 0⤋
Live in your house. Buy her house and fix it enough to rent it out. The income will pay for the mortgage and then some.
It would work out well to have a 2nd home as a rental.
2007-12-11 07:55:51 · answer #8 · answered by Kat G 6 · 0⤊ 0⤋
If money isn't a problem then I would stay in your place. Plus from the way you described it, it sounds like you want to live in your place. Also, you don't want to become bitter toward your MIL for making you move into a crappy house. And what old woman wouldn't want to live in Florida?
2007-12-09 08:50:09 · answer #9 · answered by ? 3 · 0⤊ 0⤋
it style of seems such as you have already found out the difficulty with your mom. you're actually not terrible for no longer desiring her to stay with you. She shouldn't. although, i'm an exceptionally massive supporter of the nuclear kin. If she incredibly desires to observe the youngsters (as quickly as you have them) permit her! hi - loose babysitting! you will relish that $30 or so in line with day which you will possibly have spent on a babysitter. Plus, I firmly have self belief that's important for a toddler to enhance up along with his/her nuclear kin. It makes them extra socialble. yet you're unquestionably good approximately your mom shifting in; that's a foul theory. perhaps you may desire to point different issues she might desire to do together with her spare time. It sounds like she desires to locate some pastimes of her very own rather of being obsessed on her son's existence.
2016-10-01 06:02:37 · answer #10 · answered by hone 4 · 0⤊ 0⤋