"Hi parents! I’d love to take you both out to dinner this week to talk about something. I’m starting to look into buying a home and wanted to see if you’d ever consider selling your place to me. Just a thought for now, let's chat!" The Helpful Approach

If you'd like to explore this more, I can help you draft a or look up tax rules for your specific state.

Selling a home for a very low price (like $1) can trigger "gift tax" rules and other financial complications [18, 30].

Even with family, it's safer to have a written contract and use a real estate attorney or title company to handle the deed [11, 30].