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re: What happens to homes when occupant passes?
Posted on 5/7/24 at 3:21 pm to fareplay
Posted on 5/7/24 at 3:21 pm to fareplay
I'm pretty worried about both sets of parents' situations, honestly.
My parents live on our family farm, but none of us kids have any desire to live there, and I'm not sure how the house would fare being unoccupied for long stints. I'd worry that fricksticks might find it and loot it or squat in it. We could let deer hunters use it, but that would break my heart. The house itself would be nearly impossible to sell without offering it as part of a land deal, and we aren't selling the land.
My in-laws have a huge house in a subdivision that has dramatically....dramatically... changed for the worse over the past decade. To make matters worse, developers are now about to throw up a huge "affordable housing" neighborhood behind them. with multi-family homes, apartments, etc. They've had nothing but woods behind them for 4 decades and now they will have potentially section 8 bullshite.
They could have sold their house for $300-400k 10 years ago... in dollars for those days... but now, they'd be lucky to get $250k in today's dollars. So frustrated they have stuck it out. They have no family there, friends have mostly moved off, and they have a dang condo in Florida where their friends do live.
My parents live on our family farm, but none of us kids have any desire to live there, and I'm not sure how the house would fare being unoccupied for long stints. I'd worry that fricksticks might find it and loot it or squat in it. We could let deer hunters use it, but that would break my heart. The house itself would be nearly impossible to sell without offering it as part of a land deal, and we aren't selling the land.
My in-laws have a huge house in a subdivision that has dramatically....dramatically... changed for the worse over the past decade. To make matters worse, developers are now about to throw up a huge "affordable housing" neighborhood behind them. with multi-family homes, apartments, etc. They've had nothing but woods behind them for 4 decades and now they will have potentially section 8 bullshite.
They could have sold their house for $300-400k 10 years ago... in dollars for those days... but now, they'd be lucky to get $250k in today's dollars. So frustrated they have stuck it out. They have no family there, friends have mostly moved off, and they have a dang condo in Florida where their friends do live.
Posted on 5/7/24 at 4:58 pm to concrete_tiger
You seem a little harsh on your in-laws
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