View Single Post
  #9  
Old 10-14-2005, 02:06 AM
Talk2BigSteve Talk2BigSteve is offline
Senior Member
 
Join Date: Oct 2004
Location: Meridian, MS
Posts: 123
Default Re: Should I force my Mom\'s Hand????

[ QUOTE ]
why pay $400 for a 1/1 apt. when you can pay $800 for a 4/2 house???

Put up with your mom - she put up with you.

Unless you can't afford the house payments, then you must find a way to get her to sell.

[/ QUOTE ]

She will not put my name on the deed even though I am paying the damn bills, and if there is any equity in this house when she dies the house is to be sold and the profit split 3 ways between me, my brother, and my sister. Yet I am the only one contribution anything. So even if I was making $800 a month payments that are just equity, I would only get back $266.67 of my investment.

That is why a $400 1/1 is better than an $800 4/2.

Big Steve [img]/images/graemlins/cool.gif[/img]
Reply With Quote