Dilemma On House

[postman44]

My dad has serious illness and could die. He has a 1939 home. And my home is 1973. I have one brother who also has a home and is married. Should I sell my home and buy my dad's. Or stay in my home which I own. Thanks for advice.

[davebro]

Maybe!

[jackthehat]

A starting point would be the relative value of your houses.
What would your brother's view on this?

[The Builder]

I'm very sorry to hear about your Dad, Postie.

Impossible to say without seeing them, and, more importantly, their locations.

However, houses are like vintage wines........ and generally, 1973 was not a very good year.

How's that for a generalisation? Ask an Agent for assessments and valuations on them.

[woofgang]

Why do you want to do this?

[ubasses]

Importantly, which house/location would you prefer to live in?

[postman44]

I don't I prefer my home. Older houses likely to have more problems.

[ubasses]

It seems your decision is made.

[woofgang]

if you don't want to do it then why are you thinking about it?

[retrocop]

Which is the better home in your opinion and have you checked or spoken to your father with regard to his wishes and what is on the will.
Has he made a will and has any consideration been given to your brother?

[pixie374]

Stay in your own.

[Buenchico]

There's so much missing from you r post that it's hard to answer meaningfully.

For example, you've not told us whether your father has written a will and, if so, who benefits from it. If your father hasn't written a will then (unless there are relevant factors which we're unaware of) you and your brother will each inherit half of his estate, so you'd either have to sell it or, if you wanted to move there, to buy your brother's share from him.

Further, we don't know whether one house has a better location than the other (in regard to proximity to your work or to pubs, shops, etc). Neither do we know the relative sizes of the properties. (if you're on your own you might choose to live in a small property, to cut down on cleaning and on heating costs. Alternatively you might prefer to live in a larger property to enjoy the benefits of the extra space).

[Old_Geezer]

It's a personal choice. But assuming you get the opportunity to buy the house, maybe weight up which is the better quality, which in better nick, whether one area is more attractive to you than the other.

[pixie374]

This is nothing to do with Wills. They only come into effect, once someone has died and nobody has any "inheritance" until then.
Postman, if you desperately want to buy the house, make him an offer. It sounds as though you prefer your own, so I am not quite sure why you would. But, in any case, if that went ahead and your father then died, your brother would get half the value (presumably) of your father's money anyway.
It entirely depends on whether you would prefer to live there.

[andres]

If you did buy your dad's house what would happen if he lives for a few years longer than you seem to be anticipating. Presumably you would sell your house to pay for your dads. Would you move in with him?

[Prudie]

AS others have said you really need to provide the motive for you even considering this idea so those in the know can advise. For example this isn't to avoid him having to use his house to pay if he went into care is it? I don't mean to be rude by asking but can't think why you are considering this if you prefer your own home.

[pixie374]

They go back at least 30 years for deprivation of assets, regularly, so that would be unlikely to work.

[yogi-bear]

//My dad has serious illness and could die.//

What if your father is a fighter, and pulls through?
You didn't say he's terminal, so think on that, postman. It's nice to have your priorities in order, isn't it?
And if he can beat this serious illness, he may then decide to sell his house and go into care.
Maybe you or your brother could look after him in your homes.
And lastly, I wish your father gets the appropriate treatment and beats his illness.

[Cloverjo]

If you are happy in your home, then stay there. You and your brother could share the proceeds from your dad’s house. I hope that doesn’t come about too soon, though.