Athen Apaquette

Five years ago, a newly married couple came in to get a loan for their first home. I was thrilled because I had been working with the bride’s mother, and aunt for nearly 20 years. 

Today, this same couple has two kids and careers that are humming along. To add to their great fortune, her mother, now retired, has been taking care of the grandkids during the week. She loves it! But the problem is that it’s a long commute from the mother’s home to theirs.  So, the family came up with a plan…

They decided that the best thing for everyone was to combine their households. 

They found a home that was 2,250 sq. ft. in a nice city with a great school district. The home they found had a “granny” unit or what’s called an Accessory Dwelling Unit (ADU), with its own kitchen and bathroom.

The mother is selling her home (giving up her low tax bill) for the down payment and downsize to 500 sq. ft.  The daughter and son-in-law are selling their home and will use the equity to invest in cash flowing properties for their retirement. 

This is a win-win-win scenario for everyone. What I love about their solution, is this family is investing in each other’s future security.

If you know anyone who would like to combine households but don’t know where to start, please introduce us so I can help them with a plan. 

Want to hear how you can add an ADU to your property? 

Join me Saturday March 9th at 12 pm to learn how. Watch for a link next week.