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Old 11-09-2009, 08:42 AM   #5 (permalink)
preso
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Join Date: May 2009
Posts: 2,312
Default Re: Second marriage housing expense conflict

Linda, have you discussed wills with Dan?
My gosh you better be careful as he may have willed his house to his brother/ sister / grown kids ... etc... and his bank accounts and assets in someone elses name too !!!! and you'll be left out in the cold should he pass away sudenly !

You should seriously consider selling your rent house if it presents a huge expense in upkeep and maintenace, and the equity ( in this case the sales price minus selling fees).
In this market, you can find super deals and a new house in both your names might be the answer as both your selling your homes will provide you with a nice home and with both your names on it, you will not end up out in the cold should he suddenly pass away.
If he refuses to sell and move, buy a house together with both your names on it, you should ask why as he may not have your best interests at heart.

Last edited by preso; 11-09-2009 at 08:47 AM.
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