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Author: joelcorley Big gold star, 5000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 311074  
Subject: Re: A little ironic Date: 8/31/2004 9:21 AM
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You wrote, However, if the fiance put up the bucks to buy this house (assuming there was a downpayment involved) then IMO he is not buying the house, they are. And going on the mortgage becomes a technicality, and one that should be resolved the minute the loan has funded. If he were to walk out the door and get hit by a bus before this happened, it would be a mess for her to clean up.


Yes, of course. If she was the one with the money for the downpayment; but also had bad credit, then of course she should be on the title. But in that case, I'd say she's being foolish (little f) for having him buy the house for her anyway. She should do it herself after she cleaned up her credit ... or she should pay cash for the thing, if she has it.

Personally, I think couples should keep their business seperate until they've made the big commitment. My concern wasn't really about divorce; but rather the prospect that the marriage might never actually happen. Having jointly owned property could really complicate a breakup. But then what do I know? I've never been in that situation...

- Joel
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