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Search: Posts Made By: Sk8r
Forum: Financial Issues 08-28-2006, 11:47 AM
Replies: 8
Views: 2,052
Posted By Sk8r
I don't think you quite understand. The house is...

I don't think you quite understand. The house is not a debt. If you were to sell the house, you would have $31K (by my earlier example). Of that 31K, you would take half and he would take half and...
Forum: Financial Issues 08-03-2006, 07:39 PM
Replies: 8
Views: 2,052
Posted By Sk8r
Think of it like this: the house is worrth...

Think of it like this:

the house is worrth $100,000 (just making up numbers here)

You owe the bank (his parents) $69,000 - this is the part of the home neither of you own so if you want to...
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