Reply to Advice Needed - Buying Someone Out

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[quote=Anonymous]Fiance's parents bought an investment home for him and his sister and fiance currently lives in the home. The house is on a 15 year mortgage that fiance's parent's pay for and about 70% of it is paid off (they paid more every month). And before people say that it's unfair that he lives in that home for free right now, so she should get more...his parents put a hefty down payment on the house she currently lives in so all is fair.

Fiance's parents said that after we get married that I could move in there but we would have to pay for the remainder of the mortgage, and pay out his sister 1/2 the money that they put into the house once we sell (which we will in 5 years or so). How do we figure out the right amount to pay her once we sell? Fiance's parents said that we should not take into consideration how much more the house will sell for in 5 years since we'll be the ones taking care of the house, paying hoa fees, anything that needs to be fixed, etc. Do we just give her 1/2 of the principal that's been paid off?

Any help/advice will be greatly appreciated! Thanks all![/quote]

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