4.6 • 682 Ratings
🗓️ 15 June 2024
⏱️ 5 minutes
🧾️ Download transcript
Click on a timestamp to play from that location
0:00.0 | brought to you by the every dollar app start budgeting for free today today's question of the day |
0:08.2 | comes from miranda in florida yeah she says a couple of years ago my husband bought a house with his mom |
0:13.9 | he told her that if she helped with the down payment he would pay the mortgage taxes utilities etc |
0:19.9 | i agreed because i thought it would be temporary as a way to help each other out. |
0:24.6 | But it's sounding more like it's a permanent thing to secure her retirement. I didn't imagine living my adult life working so hard to pay bills and still feel like a guest in our home. |
0:36.7 | I'm not against him taking care of his mom. I just want to live in my own space where I can relax. I love my husband so much and I don't want to get a divorce. I told him if things don't change in a couple years, we need to find our own place. He suggested that we rent a small apartment where we can live by ourselves with our child. His mom can |
0:56.0 | stay in the house while we continue to pay the mortgage as an investment property. She's elderly |
1:01.4 | so she cannot work. Is this the best solution? Oh, man. Oh, geez. Okay, Miranda, we hear you. |
1:09.5 | Yes. Yes. And I'm so sorry. I'm so sorry. But this is why you guys, situations like this, especially if you bought a house with the mom, I'm assuming both names are on the deed. Like, I mean, like, that's where stuff gets real, real dicey. So, um, |
1:29.7 | hopefully that's not the case. |
1:32.2 | Hopefully she just gave money towards the down payment. |
1:32.9 | Yes. |
1:33.9 | So, |
1:34.6 | yeah, |
1:37.9 | so what I would do is like there's a realistic conversation to be had of, |
1:38.7 | I mean, |
1:39.1 | honestly, |
1:43.0 | if someone's going to live in a small apartment versus a house, |
1:43.7 | say it, Rachel, |
1:44.0 | there's a family involved with children, |
1:46.6 | right? And you can find a great spot for her, but it's just her living, right? It's just what she |
1:52.0 | needs. And now, if she's elderly and doesn't have a lot of money, you know, depending on her situation |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from Ramsey Network, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Ramsey Network and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2025.