Husband Clothes

My mother-in-law has a dream. She has been battling over this house in her country for about 7 years (though when she wants people to feel sorry for her, she says it’s been 9, sometimes even 11 years). Even if she gains the rights to it, she cannot purchase it due to having no money. Therefore, her DREAM is for my husband and I to purchase it. For our children from her. For $30,000. I am not kidding. Related points:

1) My sons do not live in her country. My sons rarely visit her country. My sons do not speak the language in her country fluently. My sons are ages 6 and 3 and do not need to own a home. Also, when they do own a home, I will not encourage them to “split it up.”
2) She mentions rising property values. Yes, it could double or triple. Problem is, we can’t live in it or sell it. Though no one in the family wants to buy it either (this is all her), they would die if we bought it and later tried to sell it, as their ancestors built it. Not interested.
3) In a nutshell, buying this house would kind of be like living in a sort of prison, except it would cost $30K instead of being free, and you got there by doing a favor, rather than committing a crime.
4) We are getting ready to buy a house in California. If we get a loan for $30K now, we might have trouble (lots of it) getting a loan for $450K. You can’t get a 3 bedroom home here where we are for under $500K.
5) So, we considered doing this for her, not us, but it became too complex and would seriously impact our ability to give our children a home here. Sorry, no can do.

But this is a…how shall I put it…steadfast lady we’re talking about here. So we explain that we want to, but it’s impossible. SO she has an idea: “Oh, well, then, you could pay 75% and own that much of the house, and another family member can pay $25% and own that much!”

Hm. Not really sure where to begin. Perhaps when we said “we can’t afford to buy it,” she thought we meant something like “we have $25K in our pockets ready to spend, just not $30K.” Or maybe to her it would be a great idea to spend thousands of dollars on a home and SHARE it with someone…I am pretty sure this “someone” wouldn’t like it.

This entry was posted on Wednesday, April 2nd, 2008 at 12:09 pm and is filed under Mother-in-law, Uncategorized. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.