Buying a house with someone who is not legally your spouse, is
Posted By: setting yourself up for financial ruin. on 2007-03-27
In Reply to: Do you guys have any money saving tips? - sm
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buying house with BF
Bear with me. I am not judging here as I do not know the circumstances other than you stated you and BF want to buy a house. I am assuming you are young, which to me, anyone under the age of 40 falls into that category! If and when buying a house comes to be, consider hiring an attorney to protect your interest, and your BF should do the same. Buying a home with a BF/GF is VERY scary. Will both names be on the mortgage? If so, what if one dies, becomes disabled, flees to Tibet to do lunch with the Dali Lama? The other is left holding the bag with all the financial responsibilities. The same things can happen if you're married too, but it's harder to legally resolve such issues if you are not married.
I don't mean to rain on your parade here! Just want you to think. Buying a house is so exciting but it's the biggest financial commitment you will ever make. You don't want it to come back and bite you in the butt years down the road.
To save, keep only one credit card and pay it off each month. That saying 'pay yourself first' is tried and true. Open an account and have 5-10% of every paycheck auto-deposited in it. If you don't have it, you won't miss it. Open short-term CDs with your savings. They are risk-free, you can access your money if you truly need it, and you'll get more interest than a savings acct. Do your research, stay away from adjustable rate mortgages,and buy beneath your means. Think of every worst case scenario you can and talk them over with your BF BEFORE you buy. This is your financial future you are about to change. You will be committed to a house/mortgage, but not to each other - legally.
OK - my doom and gloom post is done! Regardless, all the best to you!
buying a house
Wow, this is great info as I am buying a house too. I am wondering about one point though - my realtor did recommend an inspector that I set up an appointment with - is it absolutely necessary to find my own inspector?
Does anybody know anything about buying a house from a tax auction? SM
I live in a small town and in our local paper there are always public listings of properties that are going to be sold on the courthouse steps in an auction because of foreclosures or failure to pay taxes, etc. I'm kind of interested in learning about this process because a cute older home I've had my eye on for a while is going to be sold this way in a couple of weeks and I am in a position to maybe buy it because I FINALLY settled with my insurance company over my house fire. So I have a nice little chunk of money (not a huge amount, but enough to buy a decent home for me and my kids). My ex-husband severely damaged my credit and so this may be the only way I can buy another house, besides I'd rather not use the money as a down payment on a big, huge fancy house I'll probably struggle to make payments on. I'd rather just buy a nice little three bedroom that is comfortable and affordable and allows me a little wiggle room with my finances. I'm living with family now and don't even get me started on how stressful that is! 
So I was wondering if any my virtual colleagues and friends here at MTStars had any experience or knowledge of how this whole foreclosure/tax auction process works? Will there be an auctioneer and I will have to bid like at a regular auction? And usually how much do houses go for when sold this way? Do they go for the amount of taxes owed or how much the house is worth? The public notice from the county says the buyer has to put 10% down and pay the remaining balance in 30 days. So I'm trying to get an idea of whether I will have enough to pay cash the day of or if I will still need to get a small mortgage loan.
Any suggestions? I'm really dumb when it comes to stuff like this. I've never really had a head for business, but since leaving my ex, I've vowed to learn and be savvy and take control of my finances. And this would be a big first step towards that.
Thanks!
Self-employed/IC and buying a house?
Ok, here's my story....I've been an IC for 3-1/2 years and an MT for 6. My husband and I are moving to another state and buying a house. The mortgage company wants me to get a letter from the company that I have a contract with stating that I can continue to receive work from them even after I move. My question is, is this normal to request this?? It seems really unprofessional of me to even ask them to write this letter as I'm NOT an employee of this company. The mortgage guy we're dealing with seems very young and doesn't seem to have experience with self-employed people, so I'm wondering if I really need to get this letter or if we should just use a differnet mortgage company? I would really appreciate it if anyone has been in a similar position could let me know if you needed to get this letter as well. FYI: We have excellent credit and have both been gainfully employed since we were teenagers. Thank you!
Thanks for your insight when buying a house
I wondered that too if all the houses gone up that much. I know they did some remodeling since they bought it 5 years ago but we have done some remodeling in this house too (same kind of remodeling) but I won't dare think it would sell for 66% above what we originally paided for it.
Than again, I would have to get an expert to come through here and tell me what they think it might sell for. I have not a clue. 
My gut feeling tells me that they need to come down. I saw the new house they were moving too. It is a huge, two story, maybe $300K home. DH and I think they have jacked up the price on this other home in order to help pay for the one they are in now.
Then other things would have to factor in like property taxes, cost of utilities which I know all that would be more than what we are paying now for this little house we are in now. "sigh" Oh well, maybe one day we will have something bigger.
Questions to ask when buying a house
We are going to look at a house we are both interested in in about an hour. I made up a list of questions. First off, I think the seller wants too much and have already told them so, they want 125k. They said they will consider coming down though I don't know how much. It is a 3 bedroom 2 bath brick home about 1600 sq ft. I don't think it is worth more than 80k and that is being generous, IMO but I am no expert. It is a nice house but not flawless. The outside gutters are coming off I know for sure. Dh had been in and he said some of the carpet is comming up. There are old trailer houses all in that block. The house directly behind us is an old abandoned house with sheep in the backyard. The neighbors beside us have chickens.
Anyway, the questions I came up with is: Aprasial value, property taxes, age of the house. Also I have been wanting to some how ask about Dh farm equipment. He has had it parked out here and the neighbors have yet to complain the whole 8 years we have lived here. However, some of my relatives across town have old cars parked in their driveway and they get complaints. My bestfriend's mother lives 2 blocks away from this home and she says there is not a crime problem. Howvever, sometimes kids drive up and down the street too fast so I would have to keep a close eye on my two little ones. We would still be in the same school district so that is not a question.
Anyone have any more tips to look for. Is it too nosey to ask what the utility expenses are? I thought about calling WTU but I don't know if they would tell me or not. 15 years ago they would because I asked about an appartment complex I was interested in living in. However, back then they had a local office I could call, not anymore. TIA.
Legally
I just signed the form and had it notarized so that she can get him into school....I don't know why everybody is thinking that I put him out.....If it makes him happy to live with his sister because she can provide more for him....I don't have a problem with that.....I have posted another message because asking for an opinion about my house key.....with signing this form to get into school.....she has the authority to get him into school where she lives in that school district....signing this form...if he gets sick or something she is authorized to pick him up from school and get medical treatment for him...this form is not giving her legal custody of him.....I really appreciate all of the posts...that's why I was asking someone else's opinion about my house key because my mom said that I was wrong in asking him to leave the key.
Legally, there is nothing you can do. You
might talk to her, but that probably wouldn't do anything. Moving is probably the only answer.
Legally, he probably owes you more
If you really wanted to be technical, legally it needs to be served doesn't it?
Not if they are legally living here or if
they have become citizens. That is why Carly could not compete 2 years ago when she made the top 24. Her paperwork had not yet gone through.
I believe that legally as long as anyone
pays on a medical bill consistently, even as low as $10 a month, there is nothing they can do.
Legally, yes, but how adult were you at 18? nm
m
Legally they are his kids
DNA or not, they are legally Michael Jackson's children. His name is on the birth certificate and he has been their father for their entire lives. If a custody suit were to be brought about, I think anyone would have a hard time using that as a basis for the suit.
Plus, at this point the children are old enough to express opinions and to have those opinions taken into consideration by any type of family court judge. From what I understand, they have verbalized their desire to stay with their grandparents. I don't think anyone is going to be able to change that.
There must be something you can do legally, sole provider or not.
nm
& what part of *some of them didn't do it legally*....
Name changed legally in the courts and
the reason for the change, he tells me, is he always since a child did not like his given name and as adult, when he could afford, changed it in the courts. He thinks the only reason they are not calling the new (like I said, old name like Lewis and new name like Lou so it is just a shortened version) is just not respecting his wishes. He has told them before, not just this time. The entire name was changed but this is the catch, when he got the thank you note for the flowers sent for the funeral, they came in his newer name!! The person who died, his aunt, always sent him notes, cards, etc. in his new name so not everyone in his family not acknowledging, only the younger siblings actually (those being in the 40s,50s group). So your answer, not just at this funeral time and did because simply hated his name for years. In talking about your friend's name change, I see you emphazied if it MEANT that much to her, pray tell, why do you think someone might do otherwise (other than being in witness protection??) Another thing, just to let you know, his mother prior to her death knew, respected and called him his newer name.
18 IS legally considered an adult.
x
Legally an 18 year old is an adult, so
therefore not a minor, however ethically a teacher should not be messing around with a student.
Ex-spouse
They are divorced. Get independent and stay independent of him unless she really loves torture.
Maybe Joe's spouse does not like the sm
idea either. It would of been nice if he said lets hang out with Joe's family to see if it everyone was compatible.
Do any of you have a spouse
who can't say no to other people? How do you work it out? Are you just stuck always being the "bad guy?"
Unfortunately, the entire United States is having a difficult financial time. It is obviously not just our household. We have cut back everywhere we can, and I mean everywhere. Our families are having difficult problems as well. We also have an ex-spouse and have had unexpected increases in child support, etc. recently along with unexpected additional expenses where this is concerned. Basically, the child "needs" new glasses, etc. even though the child really doesn't but according to the court we have to pay accordingly. It just seems like it is one thing after another and I know it is for everyone, although the circumstances may be slightly different.
My problem is that I have been telling my husband for months that this was coming, along with Christmas, birthday, etc. He hasn't wanted to accept it. Although we have cut back on many things, on my initiative, it just has not sunk in for him until now...when everything finalized and we dont' know how we are going to pay all of our bills. To top this off, he can't seem to say no to having his nephews stay the weekend, talking to his family about NOT exchanging gifts, etc. I'm the "bad guy" because he is ok with all of it although he admits he has no idea where the money is going to come from. I have been upfront with my family and when people ask me but is it too much to ask that he do the same? I dont' know if it is a man thing, hurting his pride or what but he is so depressed and upset about our financial state, yet can't say no even to the smallest thing. But of course he wants to constantly remind me (the cheap skate and tight-a$$) to cut back on groceries, etc. which I cannot possibly do any more than I have already. We have nothing left in savings. We have no Christmas fund.
I'm just frustrated this morning and don't know where to go from here. I don't want to say "I told you so" but I did tell him and he had no concerns until now...when we are seemingly headed towards financial trouble. I have been working OT but his OT has been cut indefinitely from his employer. I'll be darned if I'm getting a second job so he doesn't have to cut back. I must say he doesn't buy things for himself..its just the piddling away of $20 here and $20 there on top of our already mounting unexpected expenses.
if a spouse cheats...
I'm watching this little polling on Today show (just eating breakfast, i never watch this stuff!) and it says 63% of people would try to save their marriage if their spouse cheated and 73% of the reason was for companionship.
Personally.... I am not sure I have the capabilty of getting over something like that. I think forgiveness is a huge part of life and relationships... but maybe it's insecurity, maybe it's about pride... but I'm not sure I could work through something like that!! I just don't know what could possibly be an excuse! The ladies on are saying, it usually signifies something that needs to be worked on in a relationship, well OBVIOUSLY! And I am not one of those people that thinks if you cheat you dont love the person... but I certainly think it would be really hard to work through or accept, and knowing myself I'm not thinking I could get over it, so I guess I'd be in the percentage of NOT ever wanting to know...
I dunno, I do think it's human nature to be attracted to many different people (i am myself)... but is it human nature to want to physically be with other people? I guess cheating can be emotional as well...
just random thoughts before I get to work!
Have a great day
if a spouse cheats
I have to tell you from the other side of the coin that sometimes people grow apart for one reason or another and things happen. Most people do not cheat because they are looking for something physical. They are missing an emotional connection and find it elsewhere. On the other side of this is that sometimes, not always but sometimes, when the other spouse finds out and realizes why it happened they can work through it together to get back what was missing and what brought them together in the 1st place. I speak from the know on both sides and can tell you that you can get past it and actually end up in a much better place than you ever were before. .
Unemployed Spouse
Is it possible he might be doing something behind your back and acusing you to justify something he has done.
Have your spouse cut your hair
Guys, if you keep your hair short, buy hair clippers with a set of clips and hand over the clippers to your spouse. You may have a couple of cuts that result in a buzzed head, but unless she’s got horribly unsteady nerves, she’ll figure it out.
Dear Spouse:
Please find a girlfriend. I'm sick and tired of taking your crap.
Hugs,
JMHO
Cheating Spouse?
Have you ever caught your spouse cheating? If so, how did you catch him/her?
cheating spouse
I worked day shift and he worked 3-11 so for a few years we would hardly see each other at all. First, let me say that my husband is kind of messy. I would notice that when I came home from work, my home was in the same order that I left it in the morning. Even the curtains had not been opened yet. There were no dirty dishes. There was no sign anybody had been home all day. I would ask and he would always have an excuse..went to play golf before work, went to a ball game, had lunch with the guys, etc.
Then a woman started calling the house in the evening asking for my husband. I would say he was at work, ask if I could take a message and she would say no and hang up. She would call about 3 to 4 evenings a week. I asked my husband who she was and he would say he didn't know.
Then, HER husband called and left a message on our machine one day while we were out. He didn't say any names, just said stay away from my wife or I'm going to come over and beat your a$$. I asked who was that and my husband said he didn't know.
This all happened over about 4 months when he was offered a transfer with work out of state and we took it. He never admitted having an affair but I know he did. That was 16 years ago. We are still together and before everyone flames me, I will tell you that the man has paid dearly for that little fling. We've never discussed it because how can you discuss something he won't admit to? He didn't leave the house for years without taking 1 or all the kids with him, even to the grocery store or the post office. He never got to do anything he wanted to do, no more boys night out, no more golf weekends, etc. It got to the point where I was feeling sorry for him but he never said a word.
Now that we're in our 50s, I wish someone would take him so he'd leave me alone!
Being a military spouse, I think that...
she should qualify for unemployment, but not indefinitely. She paid in to California unemployment insurance and had to relocate because her spouse is serving our country. She should, in my opinion, be able to draw on unemployment from California for a reasonable period of time until she can get another job. However, that is one of the reasons I like this job. I take it with me whenever I move.
Need help with ideas for remodeling house and decorating. We bought a house
in fair condition about 10 years ago, got into some medical problems, and have just now paid off the mortgage. Hubby and I agreed we would do nothing to the house for remodeling because we wanted to pay it off first, then the medical bills. I need to know of some websites/magazines/books to start researching for how to go about this. These will be major repairs - roof, septic, basement, windows, pretty much everything except wiring. Where do we start? Maybe hire a general contractor just to do an evaluation and give us recommendations? Hubby is a handyman but cant seem to get a handle on where to begin. We would like to do as much of the work ourselves as possible - labor of love and all that...
Thanks for any and all kind suggestions!
Ex-spouse on health insurance?
My daughter just told me about a proposal her ex has suggested. He is close to a thousand dollars in arrears for back child support. Now he wants to negotiate a deal where my daughter will accept about half of what he owes in exchange for his adding her to his job health insurance. She is self-employed and has not had health insurance coverage since their divorce.
I don't think he can do that, can he? Since he has lied about so many things I don't think she will do that unless he can prove she can be covered. Even if he could add her, what would keep him from dropping her for spite if there are problems down the road? Any thoughts? Thank you.
Marriage may be a vow, but if OPs spouse was unfaithful then she has
y
Here is why you DO NOT take an abuse spouse like this to counseling sm
BTDT a couple of times. He manipulated the whole thing to his "issues" with me.
He told counselor: She makes me angry. Counselor looks at me: Why do you feel the need to make him angry?
He told the counselor: I don't like her looks. Counselor asks me: I have you considered getting some help with your weight and looks (umm 140 at 5Ə"??? Where was the problem?)
He told the counselor: She makes this marriage about the kids instead of making it about me...I make all the money...I do all the work (never housework)...and she sits on the couch and eats bonbons all day (what is a bonbon?). THIS MARRIAGE NEEDS TO BE ABOUT ME and what I want, NOT about the kids. Counselor: Why do love your kids so much and why can't you put him first?
LOUSY counselor. I went to another one on my own who said: You may not have bruises, but you are being abused. I know the situation you are in and he forbids you to work and it isn't like you actually have the time. It may take you some time to choose to get out. So, lets focus on ways for you to be stronger until you can walk out the door. HE didn't get any better HE got worse as I started to develop a backbone.
So to all those who say go to counseling, stay in it, learn to be stronger, don't let his words hurt you...YOU ARE FULL OF IT. You all may like being treated the way that DONE is, but I don't. I am a person too, as is DONE. Anyone I might ever be with needs to think I am so wonderful, special, lovely, kind... you name it, they could not stand NOT to be with me. DONE'S husband is telling her, essentially...you okay I guess, but not that great. Plus which, you can't do anything the way I think it should be done. You don't have feelings because you are average looking and this marriage is all about me. Toro poo poo.
Some of you are not very bright, I am sorry to say, but there it is.
Cheating spouse/boyfriend, etc.
Many years ago I was married to a cheating spouse. I was pregnant with our second child when he took it upon himself to cheat with an underage girl in the back of our brand new station wagon. Well, I learned about this when a paternity suit came up with his name on it. Apparently he was so dumb that he did not know the girl had a boyfriend and being the sucker that he was he did not know that they would pin the paternity on him, and get money from him. Too bad it wasn't in this day and time because he would have been in jail because she was only 17, and he was in his 30s. This was only 1 in a string of women that I found out after the fact, and even contracted an STD when I was pregnant!! I also suffered spousal abuse, and have the scars to prove it. After 5 years of this I got out,and the only reason I stayed was for the children, but that was a huge mistake on my part. Now, whenever, I hear or see this on a program it makes me furious that these men think this behavior is okay. It is never okay and leaves many people, including children, to suffer much heartache.
Likening a spouse to a dog or horse...
imagine if a male doc suggested treating a wife like that; the outrage would be heard round the world. Maybe acting like adults and having a conversation like a married couple would help. How demeaning to treat a husband that way. Where do you women find these men that you have to "train"? Gesh, I always thought my DH was fabulous...now I am CERTAIN he is!
No muss, no fuss, no spouse -
.
Do you yell at your kids/spouse?
I grew up in a family of non-yellers. Even when he was drunk, my dad didn't yell. I've raised my voice to DH twice in our entire 34 years together, and one of those times was excused because I was pregnant, hot and miserable. I've never raised my voice to my kids.
Several of my friends are big-time yellers. It makes me cringe when I hear it. I guess cause I'm not used to it.
I filed separate from my spouse at the time--sm
against an old (over 10 years) student loan that I had. That was the only thing I filed against and it was way before my spouse and I had even married. Even though I filed in my name only, it affected his credit too, just because we were married. It continued to affect his credit even after we divorced 10 years later. Better think twice. It is not always a good idea to file bankruptcy as a way out of debt. Cut up those cards and start paying cash for things you want/need. The interest on most of those cards will keep you in debt forever. Been there! but not any more! good luck to you!
Has anyone filed bankruptcy separate from their spouse?
My husband and I have all bills and checking accounts separate except for the cars and we split the household bills. I have a ton of credit card debt and with MT pay being less all the time, was thinking this may be the only way out. I know the spouse doesn't have to file if their name isn't on the account, but is this very hard to do? Thanks for any info.
does every woman experience being hit by her spouse at some point? sm
I have had such a hard time getting over my husband hitting me (pulled my hair, banged my head into a carport pole, bruised my arms.) It has been four years. Yes, I have posted on here before. We are now in the process of separating. He never hit me since that time four years ago. But he believes I never forgave him. I feel that I did forgive him, but it changed the way I felt about him. that plus many other problems we have had over the years. Now we are separating because we have been together 20 years, 5 dating and 15 married, and we seem to have argued the entire time. We have never seen eye to eye. But we still care about each other and it is very, very sad. I feel heartbroken on one hand that my marriage is ending, and hopeful on the other hand that maybe my life will get better in some ways. I know monetarily it will not get better. I am hoping that it will be happier though. But what a huge failure. I am wondering if everyone experiences some type of abuse like that at some point in their marriage and I am just being a baby for not just forgetting about it.
My rant: I agree cheating on one's spouse is never SM
acceptable. The one thing that REALLY bothers me, is that men claim that they have to cheat, since sex with their wives is no longer exciting and that their wife won't do what paid companions will and my thought is always the same "Did you ASK her?". If they ask nicely, I'm sure loving wives would be more than willing to comply. Within reason, of course.
For those of you happily married, where did you meet your spouse? sm
Just a curious question. I am single and I am thinking if I stay in church, that might be the best place to meet a good man these days when one finally comes around. It really gets me that some people meet their spouses in a bar and then wonder how they married an alcoholic, lol!
Unless you are buying it yourself, yah, there is.
Maybe he has an heirloom ring that has been in his family for generations. Maybe he just really wants to get something you that is a personal expression of his and his alone. If he's buying it, don't look a gift horse in the mouth! It's not about the ring, it's about the marriage...and marriage is gonna be all about compromise. Congratulations on the engagement!
PS--I had to buy our rings and he got to choose what he wanted and so did I.
buying a used car
What's the general rule of thumb as far as negotiating price? How much should I expect the dealer to come down in price on a used car? I stink at this stuff
Yep, been buying here! sm
Never stopped buying. Great time to buy in if you can. Money to be made in the long run.
A spouse can collect widow benefits at age 60, but the benefit is reduced 21% because you took it ea
So, if his benefit is $1000, you would get $790. If you take you retirement at 62, you can keep the widow benefit, or your benefit, whichever is larger. It's worth taking it early because $790 x 24 months (the difference between age 60 and 62) is almost $19,000. My tax lawyer says always take it early.
Maybe she was buying food for someone?
If your car is above a certain value, you don't qualify for food stamps.
She may have buying food for someone with their food stamps/food stamp card.
You have to be buying the cheaper
brand because at the QT close to my house, about the cheapest, in Atlanta, the price is $2.40 something for the brand I have to burn.
buying home
Thanks AnnieM! You gave some great advice and some things to think about that I hadn't thought of.
I would tell her that I was offended and was buying elsewhere (sm)
I have learned over the years to stop wishing in hindsight that I had said what I should say to begin with. She is being rude and thinking you will pay her asking price just to prove to her that you can afford it. She is banking on you being offended and trying to prove to her that you can indeed afford it. That is a sales tactic I have seen used before - don't bite the bait!
I'm with you. I can't believe they are buying her story. nm
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