bernds91
2022-04-01 18:11:53
- #1
Hello everyone,
first of all, thank you very much for your help. I need advice on the following situation.
My wife’s grandmother (single) and her father (single) each own a paid-off house on adjacent plots. Now my father-in-law has offered us to move into his mother’s house and to let us use his house free of charge. However, he wants to remain the owner, just as his mother remains the owner of her house.
His house, which we would then live in, needs extensive renovation, if not even refurbishment, and I am expecting costs of about 150,000 to 200,000.
What would you say, are there any possibilities here?
(The reason why the houses are to remain owned by the grandmother and the father respectively is that each is their retirement provision.)
Many thanks and best regards,
Bernd
first of all, thank you very much for your help. I need advice on the following situation.
My wife’s grandmother (single) and her father (single) each own a paid-off house on adjacent plots. Now my father-in-law has offered us to move into his mother’s house and to let us use his house free of charge. However, he wants to remain the owner, just as his mother remains the owner of her house.
His house, which we would then live in, needs extensive renovation, if not even refurbishment, and I am expecting costs of about 150,000 to 200,000.
What would you say, are there any possibilities here?
(The reason why the houses are to remain owned by the grandmother and the father respectively is that each is their retirement provision.)
Many thanks and best regards,
Bernd