I am 22, F, in college (not university) for a technical career. I had a brief (4mo) relationship with a much older man who was single and childless. About six months after we ended our relationship, he passed away from a brain tumor.
He left the bulk of his estate to me: house and car (relatively new Cadillac Escalade). It's all paid off. He even left me a safe deposit box with some cash and a bank draft to cover the house transfer taxes.
I don't know what to do: live in the house? Sell the house? Decline it outright? The house is probably worth between $500-650,000. I am handy and can handle the upkeep. Residential property taxes are high, but likely little more than the rent of my shared apartment. I would likely sell the car.
My education is mostly paid for through my work, and I only have a year left. I will leave school mostly debt free, and can land a job in this area pretty quickly. As an entry-level technician, there is no way I would be able to afford such a house in the next ten years. Not having to pay rent while living in a beautiful home in a great neighborhood is immensely appealing. This house will almost certainly be worth more in the long term.
I can sell it and buy a more modest home that is less laden with emotion. I can keep it and live - God only know what the neighbors think - there comfortably.
What say you all?
Submitted September 10, 2018 at 09:25AM by YoungAndNotDumb https://ift.tt/2O5VZIc
