Thank Xenu it's Friday!
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As I sit today, at my desk, eating "Good & Plenty":http://en.wikipedia.org/wiki/Good_%26_Plenty by the fistfull, I am given pause by the arrival of a choice nugget of greasy news that lands upon my desk. My fiancee's dad has a large piece of property in the country that he's been trying to sell. Last week a very wealthyman approached him and made a counter bid against a fellow who had already offered $1.1million for the land. The incentive was that Jenny's dad would get to remain on the property for 5 years as caretaker, get the money sooner and get the additional 100 thou he'd asked for. The news was that the deal has basically gone through and in about 30 days Jenny's dad will have his first $600,000. Originally the plan was that he'd give us a substantial downpayment on a house from the profit on the land, Jenny being his only heir and all. Now the idea is that Dad buys us a house and we pay him rent. I'm not sure how much I like that idea in it's current form, it would deny us the deed and subsequent equity from owning the house and would give him the foothold he'd like to be able to live with us for "our financial benifit" as he's suggested before. What I'd prefer is he puts up the downpayment and we pay the mortgage as normal, being forever grateful for his gift but no longer in his direct debt. I'm hoping we can come to some amicable agreement and be able to get into a house before our baby is born. This is my hope.Am I right in being wary and thinking the deal needs restructuring or am I looking a gift horse in the mouth? I dunno, I just know I hate being in someone's pocket.
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