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Reply to "s/o the worst financial decision you made"
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[quote=Anonymous][quote=Anonymous]Depends on how you look at it, but going in blindly into a co-ownership with an aunt without clearly outlining the terms for what to do with it when I got older. Did this at 22 years old, was single and very focused on career and had good credit, just out of school. Now, 15 years later, I'm married, still good career, good credit and new parent and need to make changes for living arrangements. Aunt does not want to discuss what to do with place-- I paid mortgage, fees, repairs all 15 years, she only paid the downpayment. I'd like to get some of that money out for my future and do not want to be financially tied up/on the hook. Aunt won't talk to me about this at all. Wrangling is now in my future. It's a good financial decision if you do it with someone who is reasonable; this is a bad financial decision if you're dealing with someone who isn't. [/quote] Are you on the deed?[/quote]
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