August 15, 2025
Investment

Asking Eric: My mom resists selling the home I bought as investment


Dear Eric: My mother and I have owned a home together for the last 20 years following my divorce. When we purchased the home, it was understood that it was only an investment for me.

I have now met a wonderful man, and we would like to start our lives together. My mother, though, would like us all to live together in the home she and I share.

We don’t want that. My mother would be able to buy a smaller home with her half of the profit, were we to sell our current home.

My mother, however, does not want to move or sell. She loves the house and is very proud of it. I have explained that I would like to move forward with my boyfriend, so that he and I can start our life together.

She wonders why we cannot do that while living together. I have explained over and over again that this is not what he and I want. She says she will leave when I “throw her out,” which is not at all what I would do. I would like her to want us to be happy, and to be amenable to moving to a smaller home or even an apartment. Can you help us?

— Trapped

Dear Trapped: Even though the home was an investment for you, after 20 years, it makes sense that your mother has started to feel that it’s home. Your lives are moving at different speeds, and you have different needs right now. It sounds like she’s trying to come up with a compromise that keeps her from experiencing even more disruption. Because, it should be pointed out, when you move out, that’s going to change a lot of things for her.

Is there a way that her desire to stay in her home and your desire to move to the next stage in your relationship with your boyfriend aren’t in opposition? For instance, can she buy you out of your half of the house, either in full or gradually over time? If you want to move in with your boyfriend, but most of your cash is tied up in the house, is renting together for a year a possibility?

You write that you want her to be happy, part of that entails acknowledging that while she’s not part of the decision-making process for you and your boyfriend, she has her own life, and home, and relationship with you.

(Send questions to R. Eric Thomas at eric@askingeric.com or P.O. Box 22474, Philadelphia, PA 19110. Follow him on Instagram and sign up for his weekly newsletter at rericthomas.com.)

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