• OpticalMoose@discuss.tchncs.de
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    7 months ago

    That’s not hard to believe. My parents (Silent Gen actually) passed away with their house paid off, but left about $60k of nursing home and medical debt. So, in order to close the estate, we had 3 choices: pay off the debt and keep the house, sell the house to pay off the debt, get a mortgage to pay the debt and keep the house.

    We kept the house, but if they’d had like 150k or more in debt, forget it.

    • HopingForBetter@lemmy.today
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      7 months ago

      Yep, similar here. We bought grandparents house at a family price off their estate to pay med bills.

      Wouldn’t be homeowners otherwise; not expecting anything from parents, even though they’re basically loaded…