Coffee anyone ?

Xerocles

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his grandparents home which there no telling when we could move in, foundation issues, pumping issues, the over hangs (covered porches) the wooden post are no longer connected to the concert foundation they move freely and don't really hold any weight so major safety issue. we also would need to update/change alot of things for instance the carpet that through out the whole house including in the kitchen, dinning room pretty much every room except the one of the two bathrooms. also no telling what other issues its 40+ year old home that they have let break down with no upkeep in maintenance oh and it needs a new ac unit the repair tech we have had to come out multiple times to do temporary fixes i believe this last year technically (i don't remember the problem) also another major problem. is one of their daughter lives with them so that's an issue as well. lots to think about granted it has five acres, but we wondering the amount we would have to put into it first. The other concern is that his aunts might fight that we get the house/land in court saying their parents werent mentally sound. lots consider and not much time to do so.
"grandparents home which there no telling when we could move in,"
do you have a pressing need to be out of your current house quickly? If not, then I would say it's time for a Sunday evening sitdown. ARE THE GRANDPARENTS COMPETENT? Have all parties present. Hubby, aunts, grandparents. Air it out. Make sure EVERYONE knows what's happening. If the aunts have heartburn about this, best to know about it now. Backdoor agreements between you and grandparents INVITES problems down the road. Maybe even prepare, in writing, what your understanding of the deal is, and after the discussion is over, get everyone to sign. Will fare you well if there's trouble down the road.
Physical problems with the structure? Depending on the seriousness of the foundation problems, everything else seems minor...and probably less costly than the downpayment portion of a conventional mortgage. New pump, new AC, and new carpet? Done.
Does the one aunt HAVE somewhere else to live? I see her claim being the most serious. "I cared for them when they were old and infirm, and now they sell the home out from under me."
Some families balk at "breaking up the homeplace" idea. Put in a clause giving right of first refusal to family members should you ever decide to sell.
 

Jesusfreak101

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the current house we live in is a single wide and it's is a money pit thats just rotting the amount of work to fix it isn't worth it. all the siding needs to be replaced, insulation is missing under the house needs to be replaced there some leak that currently fixed itself but had created a water balloon under the house that had electrical lines under water. the foundation is needs to be fixed (some place the cinder blocks holding the house up arent even touching the house..) the sever pumping issues and the septic needs to be replaced. so yeah its kinda one of those things and we had been debating to fix something that isn't in our name and it's gone back in forth whether it would ever be this is the first time his grandparents said they would put anything in his name most of the time it's been we put it in your dad's name and yall can still live there one of those things. originally we moved here to help them and they had said they would put it in our name that was 6 years ago we not on the trusting side if they do what they say great but yeah the flip flop alot. one reason the moving is open.
 

Jesusfreak101

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believe or not his entire family is on this deal doesnt mean they stick to it. since he was young him getting the homestead (grandparents house and five acres) has always been the plan. however like i said they have gone back in forth since we been here about whose name it would be under and if he would get it. it's one of the issues. and i won't touch the aunt thing they use their parents (so much so the grandparents dont have their life savings anymore) we discussed buying the property to help his grandparents financially.
 

Bunnylady

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they have gone back in forth since we been here about whose name it would be under and if he would get it.

This is what wills are for. It sounds to me like, before you make any further plans, y'all need to see a lawyer who can help you get this written up in a form that makes it clear to everyone. Other wise, you could put your heart and soul into this place, and get it yanked out from under you by unsympathetic family members.

If you are buying it from them, that too needs to be done in a very clear and legally binding fashion. If you have family members who don't play nice, "what Grandma and Grandpa meant to happen" won't amount to a hill of beans.
 

Jesusfreak101

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that's what has me concerned about it i told my husband it would have to be in our name and done asap so that there wouldnt be any fun business about their mental health and that it would be through a title company/agency that would make it completely legally ours with no chance for that to change later.
 

Jesusfreak101

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i deal with crazy people to often to be blinded in this situation. my family is out with the cats in most of their cases my parents being the exception.
 

B&B Happy goats

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that's what has me concerned about it i told my husband it would have to be in our name and done asap so that there wouldnt be any fun business about their mental health and that it would be through a title company/agency that would make it completely legally ours with no chance for that to change later.

Families sure can turn ugly when it comes to property or money...you are wise to be aware of what you have seen them do in the past...do what is best for you and your family :hugs
 

Baymule

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just want to point this out i hate auto correct it never corrects the words i would want it to instead it just changes the words i typed to something that doesn't make since....
We are used to your particular brand of madness, we decipher what you really mean. And we love you for it.
 
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