Sorry the title is so vague but didn't know what else to title it. We closed on our new house today (!) and after down payment and closing costs we have quiet a bit more money left over than originally thought.
We know the people we sold our house to. Young couple starter home. They purchased the house with appliances in the contract. The washer dryer and fridge are older - there when we bought the house. DH is wanting to give them some money out of our profits for them to put towards new appliances, not much maybe $300. I am torn thinking it is a nice gesture, but not necessary. I know it would help them out, but we could use the money too for our new house. What would you do?
Re: question..
Congrats on closing!
It's nice that he's wanting to do that but I would rather keep the money for the new house or put it into savings. I'm sure that if the age of the appliances bothered them that they would either have said something about it or maybe they have funds put away for such things already.
Blog!
Are they having financial difficulties? Did they get insurance on the appliances...I guess if they were that old, the insurance may not have applied.
While it's way out of the ordinary to do this, it's a very nice gesture. It's a random act of kindness and I'm a firm believer in those and in Karma. In the end it's your decision and I would not feel "bad" or guilty about it whatever you decide to do.
That's a very nice gesture on ya'lls part.
I'm kind of torn on this one. I guess it would all depend on the financial status of the couple, how close I am to them, etc. I'm going to say that I would probably keep the money, invest it in your new home, or put it in savings. The other couple might already have a plan for new appliances. If you guys are good friends with this couple, why not treat them to dinner or drinks out to celebrate them buying a house.
Whatever you guys choose, I really do think that it's an EXTREMELY nice gesture.
Congrats! I just closed on my new house last Thursday. We got some money back as well and put it into getting the house the way we want it before we move in.
Honestly, in this kind of economy I think it's important to think about yourselves and maybe put it into savings for a rainy day. I feel incredibly selfish saying that, but you never know what's going to happen. If I were you guys, I would hang onto that cash.
Plus, since you know the people and you bought a house from them, it might cause your relationship to become a little awkward if cash gifts become involved.
I agree with this. They likely would have tried to get you to pay for new appliances in negotiations if they really wanted to. I don't know the situation, but surely no one really bad off is buying a house right now. They may already be happy keep your appliances and not have to buy new ones. I would keep the money for savings or the new house if I were you, because you never know what can come up. However, if you feel really strongly about it and sense that they really might need a little extra cash, then give them whatever you feel is best. It's a very nice thing for you to want to do and I'm sure they will really appreciate any amount you give them. It's always nice to pay it forward. :-)
AM - your house is too cute!!
The husband actually works for DH so they are pretty close. The wife is in grad school and works pt at as a waitress for some extra cash. I guess if it came down to it they could work a few extra hours to make money for new w/d. We aren't in that situation as we are both salary. I think looking at the appliances you would know they are old and we have lived with them just fine for 4 years and were happy to have them. I think DH just feels like this whole selling/buying has all be a great blessing and we need to pass it along. But I don't know if they would even accept money as a gift. I guess we will see. Thanks for the opinions.
Congrats V!!!!! When can I come over?!!?! LOL
Hmmmm, you know I'd be torn on this too. I think that's a personal question and I know I'd have a hard time. I think it's EXTREMELY generous for y'all to do this.
Knowing me I'd feel the same way and want to help them out. I think pps are right - they probably would have brought it up during the whole process if it was a concern of theirs. However, if you feel they may go out or are on their way out and you want to help them out, then I'd say go for it.
And like Monica said, $300 may mean more to them than it does to y'all but that's the personal decision you have to make on your own.
GL and I'm SO excited for y'all.
Thanks again everyone. I am glad to know that it isn't an instant answer for everyone and I'm not the only one torn. We paid all of their closing costs and even put a new roof on the back porch, something they were going to split costs with us but we decided to pay for it all so we have helped them already....
We are going to give them the money. Just put it on the kitchen counter in a card congratulating them on the house. We think they will be more likely to take the money that way. There is just so much you dont think of when buying your 1st house, especially if it is 70 years old. We think they will use it wisely whether it goes towards a new washer and dryer or lawnmower. But now I feel like I can justify taking my kitchen faucet with me ha ha, but DH is still against it. Love that faucet.