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Aaron BallardAaron Ballard

Would You Buy a House If You Inherited $200K?

So, you just inherited $200K—tempted to ditch your mom’s place and buy a house outright? One Redditor is in that exact spot, but here’s the catch: owning a home isn’t just about the sticker price. Think surprise repairs, taxes, and all the stuff you never budgeted for. The real money move? Level up your job first, then decide if you want to rent or buy. Your future self (and wallet) will thank you! #MoneyTalks #HomeBuying #LifeHacks #RealEstate

2025-06-04
Darren
Definitely being a single father of 5 living in a camper. And all I do is work and take care of my kid's with no help from there mother's or child support. I feel ill never have a enough. But as long as my kids are happy I'm happy. People could only dream of thing's like these now a day's. With the cost of everything.
06-05
Lincoln City, OR
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4
No Money
If you get an inheritance, keep it separate from a joint account. If it goes into a joint account, it could be considered joint assets if there is a divorce.
06-05
Spokane Valley, WA
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2
SneakySnake
Here in San Diego that would be a down payment and you would still owe another $800,000
06-05
San Diego, CA
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5
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