OMG my father in law gave us an amazing offer today. He lives part time in HK and has made some property investments and sold some. Today we had a video call and he is offering to pay off our mortgage! Wow! What an amazing offer.
Our mortgage is not that high because we bought a doer upper 10 years ago and have been doing it up. It’s risen in value so we have a good amount of equity.
My DH have been talking about moving to a more expensive house in an area with better schools.
If we did this we could probably afford to rent our house out and make some decent money on it because the mortgage is low.
What he would give us would be approx 50% of new house value and we would she a bigger mortgage than now.
I am struggling a bit with the choice cause being mortgage free at 43 feels so freeing!
What would you do?
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OMG my father in law gave us an amazing offer today
132 replies
RosieLeaLovesTea · 28/11/2021 17:46
OP posts:
thisplaceisweird ·
28/11/2021 17:48
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