- 8 years ago
So I used to be an active member when planning my wedding…. And today, I need help… this has to do with in-laws!
Sorry bees, this is kind of too long…
So let me give you the background story to make it a bit clearer. My husband (and his brother) bought a house 3 years ago with an equity loan that his parents got from their house. The house is under my husband’s parent’s name. His brother walked out of the house and stop paying the mortgage about six months after buying the house. My husband told me that his brother put $8K down for the house and that my husband paid him back when his brother decided he didn’t wanted anymore.
I am talking about an old house, right across the street from my in-laws family, and this house needs a lot of work. It is also 1 hour away from my work. – so right of the back, I do not want to live here —
This is my problem; we are buying a house much closer to my work, so we don’t need “his” house. He had told me that he only owned $24K in the house, so I suggested selling it and putting the money we get out towards our house. He said he wanted to fix it rent it out, so I was okay with that. I had one condition… the house had to be put in his name because I didn’t want to be paying for something that his parents where going to take away….(his family is not very straight forward per say).
I kept asking them to let me know a good time to meet with the lawyer to change the deed, and they kept making excuses about it. I didn’t like that!!!
Then somebody wanted to buy the house, and I convinced my husband to sell it; he agreed. Then he talked to his father, and my husband told me that his dad was going to buy the house. He went and talk to them about the house. And as soon as he came back from his parent’s house, he started to tell me that it was his house and that he was going to fix it and rent it out…bla, bla, bla, bla!!!!! In a non-polite way… he always comes back screaming from his parent’s house…but that is another story!
I told him that house was causing us a lot of problems that we were better off selling it and forget about the mess….. then he told me that his mom told him that she had put $20K down for the house, so that if he sold the house he had to pay her back the $20 and the $24K to the bank. Oh I forgot to say, they also told them that they didn’t have money to buy the house.
I totally exploded at this point… I told my husband I was not in kindergarten… either he lied to me and new all along that his parents put $20K down and he had to pay back or his parents where trying to screw us… he didn’t have an answer for me!.
Then I said, either let your parents keep the house and you stop making any payments to the morgage or sell it for $44K so you can pay them off and pay the bank and we can go on with our lives.. of course, he disagreed. He said it was his house and he was going to pay back the bank and his mom!!!!
I need help….. I don’t know how to convince my husband to let go of that stupid house, we are going to have our own house!! And another thing, I am not willing to pay those $44K for something is not even his, they will not even put the title under his name… they supposedly said the brother didn’t put any money down so they put it for him, but what about my husband paying off his brother after he didn’t want the house… I don’t know if it’s a lie from his side or his mom screwing us over.
One side note, I make a lot more money that my husband, so if he was going to pay off that debt then I will be paying all of our bills by myself, and I am not doing that! I am seriously thinking on letting him go. If he is always going to be listening to his parents, what is in there for me? And us?
What should I do? Any non-bias advice will be greatly appreciated!!!!!