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Reply to "husband wants to buy house with his parents"
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[quote=Anonymous]I do not think this is about liking or not liking the parents. It just violates some very basic principles regarding money: if it does not make sense to you, and you are paying for it that is a red flag. If it signs you up for a huge debt with a lot of uncertainty about another's health, is it prudent? If there is a death or divorce, what will happen? would you like to be a landlord of a relative? And how would you handle eviction/ non payment? when you set something up that is so disadvantageous to yourself, who will you turn to if something goes awry? what happens if you lose your job and can't make the payments? And the retirees have no money?[/quote]
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