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[QUOTE="Hey Adrien!, post: 3867278, member: 5787"]
[USER=7159]@Dream Jobbed 2.0[/USER], if you have the opportunity, take it. Most of my friends my age (I'm 34) who own homes in nicer towns have some type of situation where they live in an heirloom.

For example, a good buddy of mine bought his parents' house in the Chickahominy neighborhood in Greenwich, CT. If anyone is dropped in the middle of the neighborhood, they see a small lot middle-class neighborhood with delis, small businesses, etc. Despite the modesty of the neighborhood, houses go for at least 700k. Got the house for a song: he's a project manager so he put 200k into the home and it looks great now.

Heck, even my 70 year old mom got an heirloom at my childhood house right by I-95 in Greenwich. No way she would have been able to afford the neighborhood, but her godfather built the house in when she was 8 and she ended up buying it in '82 at a major discount.

As long as your in-laws are cool with making it your own, I'd take that opportunity in a heartbeat. It's a sellers market for sure, so if you guys are on your own it could be really tough finding something.
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