So, it appears I'll be a homeowner at some point in the future. With my sister moving into my grandma's house at the beginning of June, my mom is going to just "gift" her share of the house to my sister, in doing so cutting down on how much she'll have to pay to my two aunts and uncle for their shares. It'll be less she'll owe and less she'll have to worry about on a mortgage.
However, there is a condition. With my mom gifting her share of my grandma's house to my sister, my parents are going to remove any share my sister has in my parents house. They're going to talk to the lawyer in the coming months about adding my name to the house, having the full 100% share of the house fall into my name upon the passing of both of my parents. Since my sister will already have a house with living in my grandma's old house, my parents house will then simply become mine.
So sometime in the future, after the inevitable for both my parents, I'll automatically own their house. The really good thing is, the house is already paid off. There is no mortgage at all on this house. And since the full 100% share of the house will fall into my name and I wouldn't have to pay off my sister for her half share of the house, I won't owe a damn thing in regards to mortgages. I'll just have to worry about property taxes each year and then the various utilities. But otherwise, I'll own a fully paid off house.
The only bad thing, there probably goes my dream of moving to Colorado and getting season tickets for the Broncos and Rockies.

While I could still do that, owning a house that has no mortgage attached to it and never having to worry about paying a mortgage for the rest of my life (while sitting here at age 27) would be too good to pass up, versus selling the house and then having to deal with a mortgage for god knows how long on a house in Colorado.
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