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Relationship Discussion (non-explicit)
Reply to "Bought the in-laws house and now they won’t move out for an undetermined amount of time. "
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[quote=Anonymous][quote=Anonymous]All the various 'understandings' should have been memorialized in writing and signed by all parties. IL's living rent free, without homeowner obligations. Not a bad racket![/quote] But the OP wrote: "OP here, the house was valued around 750, but needs about 200K in repairs. We paid 450." Seems like OP and her DH got quite the steal - because any legit house value would have taken into consideration the $200K in repairs needed. Or even if that is the after-renovation value, OP and DH underpaid by $100K. So maybe DH made a deal with his parents that they could live there ... $100K in rent will buy them some years.[/quote]
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