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Reply to "husband wants to buy house with his parents"
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[quote=Anonymous]I don't agree that this idea is necessarily a bad one. It can make a lot of sense, financially and otherwise. Further, OP hasn't said why her DH wants to do this or what the alternatives are. If OP says no, will the ILs seek a reverse mortgage instead in order to free up cash? If that happens, when ILs die, the current house goes to the bank, no inheritance for DH. Are ILs currently homeless, with no money for down payment? If OP says no, will DH suggest the ILs move in instead? DH is an only child who apparently feels some filial obligations. It sounds like OP wishes that weren't so. But saying no to this idea won't make DH any less keen on helping his parents.[/quote]
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