Quote:
Originally Posted by DoubleF
Explore the possibility of them selling to downsize before the loan/lien?
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It has been discussed, ad nauseum. They’re stubborn and not interested in leaving because they’ve lived there their entire life and all of their friends are there, etc. I’ve been open about it being totally fine to move in with us and being able to live very comfortably for the rest of their life on the proceeds of a sale, even if they decided just to rent.
Honestly, the house is a dump. The value is 95% land value. If they sold and rented or bought a small condo they’d immediately increase their living conditions.
I feel obligated to help though, since I am in a position to and they did raise me.