http://www.realtor.com/advice/buy/home-buying-mistakes-parents-make/
That was not the article I was expecting…
I was expecting it to be about grown kids.
Mistakes like:
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Offering to help with the down payment and then using it to veto the houses your grown kid and his/her spouse want to buy
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Trying to involve yourself in the offer details when you live in another state and don’t understand the Bay area market.
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Insisting on a great school district an hour away when your grown child wants a short commute and won’t be using the public schools anyways because they’re parochial/private/homeschooling or just fine with the public schools nearby.
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Insisting on checking the safety and desirability of the neighborhoods your grown kid wants to live in by contacting an old family friend who lives/lived in the area
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Insisting on an updated kitchen and bathroom in a tiny house when your grown kid and his/her spouse and their 5 kids, 4 dogs, 3 cats, 2 parakeets, and goldfish want more square footage–which is hard to add by oneself–instead of updated appearance which they could, in fact, do themselves.
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Using the failures in the housing search as opportunities to point out that real estate is cheaper where you live.