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Archive for April, 2015

Conversation with mom about buying a house

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Laura Meyers

Is the mortgage in both your name s

6:14

Jeremy Meyers

yes

also what we didn’t account for when you and i talked about it is that she wouldn’t owe me 50k, she’d owe me 25

6:16

Laura Meyers

25k that way you both own half of the asset

6:16

Jeremy Meyers

yes

we are buying a house togehter, i am not giving her a loan so she can buy a house

6:18

Laura Meyers

Not sure what point you are making

6:18

Jeremy Meyers

that’s ok

i’m just saying in the calculations, we didn’t take that into account in our conversation

6:20

Laura Meyers

As opposed to you buying the house solely?

6:21

Jeremy Meyers

as opposed to her buying it and me loaning her the down payment month

money

i am loaning her her half of the down payment money

6:21

Laura Meyers

Right

And she is paying you back by paying more towards the mortgage payments

6:23

Jeremy Meyers

yes

plus any profits from the eventual sale of the place up to the amount she owes me

6:26

Laura Meyers

We were talking about what would happen.if you brake up

6:26

Jeremy Meyers

then she’d owe me the remainder

6:27

Laura Meyers

Ok

And who is responsible for the rest of the mortgage

6:28

Jeremy Meyers

what do you mean

6:30

Laura Meyers

If you don’t sell the house who pays for the mortgage

6:30

Jeremy Meyers

you mean if we break up and don’t sell the house?

6:30

Laura Meyers

Yes or can’t

6:31

Jeremy Meyers

whoever stays will pay for it, i imagime

6:33

Laura Meyers

If you beak up and up and can’t sell the house what happens

6:34

Jeremy Meyers

i kind of dont’ want to talk abotu this like that anymore. and also i’m not sure people would be asking that question if we were married. we just signed paperwork and are under due dilligence, i’m not going to focus on what happens if we break up and the housing market crashes, and its kind of making me feel less excited about buying a house, so can we change the subject please

6:36

Laura Meyers

Alan brought it up and he agrees with you

Written by admin

April 13th, 2015 at 3:14 pm

Posted in Family