Ok, we reluctantly bought grandmas house from her for her named price. It was on a high traffic main road, had apartment buildings on one side, and was outdated. Because Grandpa built it, we put a lot of money in it to fix it up. I had a 4 year old, and one on the way. 2 years later, the field on the other side of the house went up for sale, and we heard rumors of duplex’s being built. We decided this wasn’t where we wanted to raise our family. There were new tenants in and out all the time. Lots of traffic. We decided to sell. Because of the market and the updating, we got 3x what we paid . Now Grandma is Mad at us. We used the money to build a new home on 5 acres of land in a family oriented neighborhood. Grandma refuses to visit us here. My kids ask about her. She has now permantly moved to Florida. She says she has given us all we’re ever gonna get. My kids no longer get Chrismas presents or cards. She’s 85, and we don’t want the story to end like this….
To add… We were HOUNDED to buy this house by Auntie. The house couldn’t pass a buyers inspection because of outdated electrical, septic issues etc!! We paid ASKING price which was $40K below market value at the time. Her own son offered less than half! WE were responsible for those updates when we sold. Yes, my 5 acres will save me. We live in a development where each house has, and is REQUIRED to have at least 5 acres. We are surrounded by forever farm land. I have no problem with aparment buildings, I just don’t like them in my front yard! As for renting out the house. We’re a family, NOT investors. The money was used to build our new home! Now I worry about the deer eating my flowers, not what pedifile might be living in the aparment next door! There were new people there on a monthly basis. Why are some people so malicious with answers? I asked for help-not criticism. LIKE YOU’RE PERFECT!
…also, We are not asking her to jump on a plane to visit us in our new home!! She decided, because she enjoyed her church to buy a trailer, and spend summers here! We invited her to dinner while she was here! And we do visit her in Florida with ALL THE MONEY WE MADE. Real estate goes up people! We put A LOT of money into the house to make it OUR HOME. We would still be there if it weren’t for the duplexs on the other side! Our back yard was surrounded by a highway, an apartment building, a house, and 4 duplexs! The money we made was mostly replacing what we had already spent to make the house presentable, and inspection passable! We spoke to her before we sold it. She had hoped we waited until she died, but it was our house. It was only an ISSUE, when Auntie put her two cents in! She’s just pissed because her house sold before the market boom!
I did mention that we lived in the house for two years before we even thought of selling it. It’s not as if we low balled her and “flipped” it. We actually saved her a ton of money by purchasing without an inspection. Did I mention the high radon gas levels, (which we lived in for two years, and had to pay to fix for buyer) the aspestus beneath the old siding? Disposal fees for the siding was over $10 thousand! I’m not saying Grandma refuses to speak to us. She does, and she’s fine until she gets talking to Auntie. SHE’s the one who is getting her worked up. All the while, she’s got a hose in Grandmas back pocket!! Everyone in the family see’s it! She has gotten her to disown one of her son’s. Gotten her to pay for her childrens college. Grandma has even found charges on her credit card that she doesn’t remember. But, she doesn’t want to make accusations. This is the woman who sent mom to get her hair done when Grandpa died, and ransacked her house looking for what else – $
