Parents want to put title of house in my name, how can I be screwed over here?

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Maetryx

Diamond Member
Jan 18, 2001
4,849
1
81
Hey, I'm sorry you had to face off with your father like that. I have a strong feeling that you did the right thing, but that must have been lame. Best of luck.
 

sandmanwake

Golden Member
Feb 29, 2000
1,494
0
0
If they want to get welfare, why are you ashamed

I'm ashamed because they wouldn't be in this situation if they showed what I consider to be common sense and maturity. I'm ashamed that these people are my parents.

One, if last year you had to ask your kid, who's struggling to pay for college himself, for a couple grand to bail you out of some serious debts, then you should probably cut back on some spending. Instead, I find that they had bought a new car and a tv which I later found out cost them 3 grand for the tv alone.

Two, if your kid was good enough to be able to get national merit scholarships and all you had to do was sign some papers for him and mail it off, then you should probably do so, because any scholarship earned is less money you have to pay into his college education. The excuse "I didn't have time" doesn't bring back the thousands of dollars lost because the parent was to freakin' lazy to write their signature and walk to the mailbox. On the bright side, kid learned valuable lesson here not to trust parent to help with college and to learn to forge parent's signature for any future scholarship applications.

Three, if you know that your job isn't secure, don't try to buy a brand new house which costs over a quarter of a million dollars especially if you already have a perfectly good house paid off already.

Four, if you're not making a million dollars a year, stop spending money like you are. I don't expect my parents to help me pay for college, but I do expect them to at least save enough to take care of themselves instead of depending on me to be their retirement plan. It doesn't take too much thinking to cut back on unnecessary expenses. Do you really need that new tv, furniture, multiple cell phone plans, etc?

Five, if you're not going to help out your kid, at least don't do anything to hinder them either. If a student loan paper comes in the mail, how about not waiting until it's overdue or something before telling the kid who's three states away working to pay for college himself. If he asks you to forward some important piece of mail to him, do so instead of saying you'll do it and never actually doing it. Stamp costs 34 cents, gas for kid to drive to get one piece of mail is much more expensive and time consuming than walking to the mailbox.

Six, however much kid has in savings and how much he makes is none of your dang business, because kid doesn't trust you not to try to rip him off once you possess such information.

I could go on here, but I'm getting tired of talking in the third person.
 

rahvin

Elite Member
Oct 10, 1999
8,475
1
0
Talk to the child welfare people, tell them you want to exhange your parents for new ones. The ones you were given are defective.
 

Dually

Golden Member
Dec 20, 2000
1,628
0
0
Um, that would be illegal. They can't give away their home while they have a morgage.
 

dakata24

Diamond Member
Aug 7, 2000
6,366
0
76


<< Um, that would be illegal. They can't give away their home while they have a morgage. >>



wrong house, the one in question is already paid for..


sandmanwake: good decision. no offense, but you got some crappy parents..
 

Thegonagle

Diamond Member
Jun 8, 2000
9,773
0
71
Hey Sandman, I meant no offense, nor anything that would elicit such a strong reply, especially directed at me, if your reply indeed was just to me. I could have worded the question of mine that you quoted a little differently.

Lots of people just have a crummy situation with their parents. Some parents in the world are flat out bums. I can't know exactly how you feel, but I guess what I mean is that you can't bear the shame of their irresponibility on your shoulders, or you will be emotionally crushed.

I wish the best for you, and your parents.
 

AzNmAnJLH

Golden Member
Feb 26, 2002
1,785
1
0
ever heard of filial piety?


well they made you and you should be grateful
i suggest taking the house only after you found a good job and can afford to buy a house
refinance the mortgage with a better credit union and get some extra money to pay for taxes and unforeseen expenses

only when you are stable on your own two feet should you help other people. and yes i believe you are obligated
 

sandmanwake

Golden Member
Feb 29, 2000
1,494
0
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Garfang, I'm not offended and I wasn't trying to come off strongly, sorry if I did.

Filial piety. Sorry I don't agree with you there, I believe there should be a limit as to what anyone can expect of another person. I don't have a stable job yet and would like the chance of supporting myself and hopefully my own family one day without having to support someone perfectly capiable of doing so if they would just stop spending all the time. Don't get me wrong, I don't mind helping my parents out, but I'd like to have the choice of how to do so instead of being told how I should do it, especially if what I'm told could get me in trouble with the law.
 

rahvin

Elite Member
Oct 10, 1999
8,475
1
0
I would like to add one comment, be prepared. They may forge your signature transfering the house to you. If they are willing to break the law to try to hide assets then they are probably willing to forge your name to transfer the house into your name.

Personally if they did put the house in my name against my wishes they would sign a lease and pay comparable rent for the area or I would get them evicted. But my parents wouldn't ever do anything like that so I dont' feel any emotional attachment/empathy to your situation in that regard.
 

veryape

Platinum Member
Jun 13, 2000
2,433
0
0


<< As for them not screwing me over, I'm not going to count on that, they've a history of just using me selfishly and I wouldn't be suprised if I end up badly somehow if I'm not careful. >>

Come on buddy, you basically answered your own question there. If they have screwed you over in the past, what makes you think now is any different. You are going to put yourself in a terrible situation in which you have nothing to gain and everything to lose.

If this means losing your parents friendship, so be it. If that's all they think your friendship is good for you certainly don't need them. They need to get themselves out of this one. That is just too much to ask of a son who is in college, especially if they have a bad track record with you on things like this.

Do what you like but don't say you weren't warned numerous times. This will not end well, mock my words.
 

heartsurgeon

Diamond Member
Aug 18, 2001
4,260
0
0
you are playing in the big leagues here with a house and title and creditors and taxes and inheritance and insurance, etc., etc. their may even be liens against the house, back taxes due, enviromental cleanup costs related to chemical dumping,etc, etc that you have no idea of. they may in effect be transferring debt to you without your knowing it. how do you know they own the house?

do not get involved. if you feel you must, you absolutely have to get an attorney to sort out the details so you know what your getting into, and how much it will cost you.

you've been warned
 
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