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Are the Older Parents wearing the Pants?
Yesterday, I was showing homes to an adult daughter and her elderly mother. Mother lives part time in Florida, and part time with daughter in Massachusetts. Daughter wants mother to eventually come live full time with her, so she will be taken care of. In order to accommodate mother, daughter needs some down payment money from mother for a slightly larger home. Daughter could buy less of a home by herself, but needs the two full baths for mother, and a first floor bedroom. Daughter wants mother to be happy, so mother is picking out the home.
During the first home I was showing them, mother was picking it apart. Well, that was fine, we will see the next home. Home number two happen to be totally done over, and showed like a new home. The family met us there, and they all loved this home. It met every need. We spent some time there, when I found out that they have been "looking" for three years. Daughter wanted to buy this week end to take advantage of the $8,000 tax credit and have a purchase and sales agreement in hand by the end of the month.
Well, after an hour ... more

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