<prompt> Human: Like the title says, my BFs parents are giving him their home. The house is an 890k home that the parents bought in cash. Since the parents are living elsewhere, while my BF is still living in the house and paying utilities, they said they might as well move the title to his name. My BF doesnt know anything about owning a home. Are there any potential issues with this transition that may affect him nowin the future?  <response>: Can he afford the property taxes, home insurance, basic upkeep, and still have enough money to cover an urgent problem like a plumbing failure? 