My parents bought a house 4 1/2 yrs ago. My dad is the only one on the mortgage but we are all on the deed.?
They put us on the deed because we were going to be living with them for a while and wanted to protect us if anything happened to them. We were paying for half of everything so why not. They knew our living with them was temp and we have now bought a house and are moving soon. They are consulting a lawyer to see if there is anything they can do about it. Does anyone know if there is anything they can do? I don't think there is because we didn't do anything wrong. Any advice?
Sorry, by us I mean my husband and myself. We were living with mom and dad for a while and paying half while we were there but are now leaving because we bought a house of our own. They knew from the beginning that we didnt intend on staying with them and wouldnt be paying when we left.
Also, we never asked them to put us on the deed, it was their idea and we dont care if we stay on the deed or not, we just want to know that they cant legally make us pay for anything and it wont go against us if they dont pay for it.