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Reply to "In laws want to live with us in an attached guest house."
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[quote=Anonymous]Count me as another one who cannot understand how you signed a contract obligating you to pay what I assume is hundreds of thousands of dollars in cash that you don't have without remembering that you "can't stand FIL." Honestly, I'm flabbergasted. If this is the way you run your life, you have bigger problems than a mean FIL. However, what's done is done and now you need to play the hand you've dealt. I agree with everyone else that this sounds like a terrible idea that you, your husband, and kids will regret for years and years. The first thing you need to do is to read that contract that you signed. Honestly, it might not be easy to get out of it. Since its a land purchase I doubt there's an inspection clause or other easy out. Call a lawyer and see what your options are. But do it NOW. If there's no contractual out, throw yourself on the mercy of the seller. Since its only been 24 hours, them may release you. You need to get a signed release! If I were in your place, I would do whatever I had to to ensure I did not have to take money from in-laws. So, if you cant get out of the contract, I'd look into loan options and put your house on the market now. Good luck. Let us know what happens. [/quote]
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