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Real Estate
Reply to "Shocked at how many families in nice DMV neighborhoods are living in relatives' homes"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]I will never sell my house in MoCo. When we retire, I will keep the house and have one of my adult children live in it. Financially it doesn't make sense to sell. [/quote] Yep, we own multiple houses in FFX county and have set up a trust for our children to them take over. We have told them that they can thank us by doing the same for their children.[/quote] I don't have any problem with this...but the flip side is your kids may have zero interest in one or more of those homes and it would be far, far easier if you sold those homes vs. passing them on. I know far more people that are burdened with cleaning out and selling a "forever" home that the parents thought the kids wanted, but the kids never had any interest.[/quote]
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