Enough for what? She has enough to move out. Especially if she has a pension coming to her. |
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If my kids living with us did not cause any problems for us or them, I would not mind them living with us indefinitely (although I can't imagine this, as my kids need to be constantly told to pick up after themselves, which is annoying now and would be infuriating if they were adults so I'd end up asking them to leave).
In your case, yes, of course, you need to tell her that you are planning to sell the house and move so she needs to start thinking about her next steps. It is odd that you haven't had any of these conversations before. It's fine, even good, for her to buy a place without being married. I did that, and held on to it even after marriage. |
After 2016 you can’t rule anything out. |
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My home will always remain the home of my children and their children. in fact if my children, parents and siblings can live for free in my house then I have saved a lot of money for the hole family and really got value out of the mortgage that I am paying anyway. which means that we will always have very free and frank conversations about money, living together, marriage, job, kids etc.
OP's daughter is actually not well off at all. There is no way that this money will go far for her. Her parents should think of other alternatives. we should also realize that the economy, housing market and inflation is so bad that if the different generations in the family do not come together and live in harmony - the average family will not do well. If you gave birth to a child then you probably want them to succeed economically and in life. Having a good nestegg means that she can have a secure future. Maybe OP should ask for a nominal rent to ease the economic burden because OP also sounds not particularly rich. |
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If the house is paid in full, could you transfer it to her?
I'd just let her know that you will in fact be moving to North Carolina and she needs to move out and buy her own home. |
| I was told as a little girl that I would be moving out at 18 or after college. Never had to be a "conversation." |
| OP are you from a culture where this it’s the norm for adult children to live at home? |