ChelisHubby
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- Joined
- Mar 29, 2014
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At age 35 or younger No way but now that I am 55 it would make me sleep better.
Moms are the best but a thing to think about, is your mom cool, does she know you drink and have a private life; you don't want shared with the rest of the family? if so go for it, otherwise let her know don't ask me questions you don't want to know the answer about?? and go for it !
What is your relationship like with your mother? Is she meddlesome? I know if I were to live in close proximity to mom I would get free dinner often, as well as assistance with landscaping (I happen to have a brown stick-like thumb and thats what happens to plants I try to cultivate). If you feel like living in that close of proximity to your mom would mean that she would be judging you or inconveniencing you too much, then do not do it at all. If you feel that she would respect the fact that you are an adult, then why not? Only you can decide how "Mom" she will try to be over you.
I have considered renting my house out, but I don't know b/c I have made a lot of improvements to my current house & I would hate to rent it out & see it get trashed, where I could sell it get my equity out of it & be done with it..
I would do it and we don't always get along. The only thing I'd be worried about is the financial aspect. Is the house yours to do with as you choose? I know it will be in your name, but will you be able to do whatever you want with it? Also, are you good about paying obligations that are unenforceable? Unless your mom is going to get into the whole promissory note to ensure payment, basically you can skip out on paying whenever if you're that guy.
Either way, I'd still do it. I think helicopter mom will allow me my space.
Yes, I will be able to do as I wish with it including selling it on down the line if thing don't work out...
Lol No, I would be able to get her paid every month, I have lived in my current house 10 years this December & have never missed a payment, it's nice to know if something came up & I couldn't pay her for some reason that I have the option of paying later without some kind of penalty or fee though...
That is more or less what I meant. With the knowledge of no penalty (late fees, dings to the credit or foreclosure/repo) sometimes people tend to get more relaxed about their payment schedules. It doesn't happen all of the time and I always think people truly intend to pay others back, but it is something to consider. More so for her than for you, of course. Also, be sure the amount you're to pay doesn't exceed the value of the home. This is still an investment and you want to protect yourself as much as I bet your mom wants to protect herself.
Sorry that it sounds all business but it kind of is. I think it's a great move and I'd do it. I don't care if my mom thinks I have a revolving door of men in my house either. My neighbors are likely more nosey than she would be.
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