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[quote=Anonymous][quote=Anonymous]My only child asked us not to sell his family home because he wants to live there with his *future* family. We had not anticipated staying in the DMV with an empty nest and are frankly surprised he wants to live here. We're in Chevy Chase MD if that matters. Had anyone done this and how did it turn out? Any regrets?[/quote] I know you said he doesn't want you to rent it out, but can you rent it out and move to a smaller place in the DMV? Did you plan to move? I think with the rates and prices many people are worried, especially people not yet on the property ladder. But that doesn't mean you should give your house for free. Talk to a financial advisor and a lawyer about options. Maybe he could buy it when ready and pay you monthly instead of getting a loan (if you don't need the cash all upfront at once).[/quote]
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