Navigating Relationship and Property Rights: Tales of Mortgages, Secrets, and Splitting

1 min read
Source: MarketWatch
Navigating Relationship and Property Rights: Tales of Mortgages, Secrets, and Splitting
Photo: MarketWatch
TL;DR Summary

A 35-year-old woman is seeking advice on whether to move into her 55-year-old boyfriend's house and help pay off his mortgage. The boyfriend wants her to move in and contribute to paying off the mortgage, but she is hesitant and wants to sell her own mortgage-free home and purchase a new one together. The boyfriend's plan is non-negotiable, and the age difference and financial obligations create additional challenges. The Moneyist suggests maintaining financial independence and caution against buying a home with the boyfriend or using retirement funds to pay off his mortgage.

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