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When do you cut someone off financially?

 
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iGotSunshine View Drop Down
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    Posted: Feb 03 2013 at 9:00am
I'm just really annoyed right now

Anywhoo if you bought someone a house do you think they should expect you to furnish it and keep up the insurance payments too?
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SamoneLenior View Drop Down
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Post Options Post Options   Thanks (7) Thanks(7)   Quote SamoneLenior Quote  Post ReplyReply Direct Link To This Post Posted: Feb 03 2013 at 9:02am
Originally posted by iGotSunshine iGotSunshine wrote:

I'm just really annoyed right now

Anywhoo if you bought someone a house do you think they should expect you to furnish it and keep up the insurance payments too?


no that is doing wayyyyy too much

but did you know they couldn't afford insurance/furniture when you bought them the house?

this is part of what I don't get about people buying their family and friends cars and homes

so much goes into keeping and keeping up a home/car that if you know the person can't afford it on their own then should already know you will be paying for alladat forever


Edited by SamoneLenior - Feb 03 2013 at 9:04am
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iGotSunshine View Drop Down
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Post Options Post Options   Thanks (1) Thanks(1)   Quote iGotSunshine Quote  Post ReplyReply Direct Link To This Post Posted: Feb 03 2013 at 9:06am
They have furniture from their old house.
They have jobs. But it seems like they want something for nothing.

No deed has been signed yet.
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Post Options Post Options   Thanks (0) Thanks(0)   Quote SamoneLenior Quote  Post ReplyReply Direct Link To This Post Posted: Feb 03 2013 at 9:09am
Originally posted by iGotSunshine iGotSunshine wrote:

They have furniture from their old house.

will it be enough for the new house? is the place bigger

I don't think you should help with the furniture upgrade


They have jobs. But it seems like they want something for nothing.

wasn't their income factored in when you all bought the house together?  I am assuming you gifted the money but they had to provide all of their income and credit info

No deed has been signed yet.
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Post Options Post Options   Thanks (5) Thanks(5)   Quote Derri Quote  Post ReplyReply Direct Link To This Post Posted: Feb 03 2013 at 9:11am
Some call me too uptight, but i have the conversation about the spicifics very early on. They say i suck the fun out of things, but i'm sorry, life is real, not a 30 min sitcom.

If i buy you a home, do you expect me to pay all the bills every month, furnish the entire home?
So do i get a key and come and go as i please? Is this OUR home? Might as well
Buy this house for myself.
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SamoneLenior View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote SamoneLenior Quote  Post ReplyReply Direct Link To This Post Posted: Feb 03 2013 at 9:13am

sorry I am thinking you provided down payment and closing

you bought it outright?

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iGotSunshine View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote iGotSunshine Quote  Post ReplyReply Direct Link To This Post Posted: Feb 03 2013 at 9:13am
Nothing has been bought yet. Still looking.

We had a conversation last night and the mother made a comment about furniture.
She has a decent job and so does her husband.
They make at least 5K a month together and that's in Texas.

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Post Options Post Options   Thanks (1) Thanks(1)   Quote niecy Quote  Post ReplyReply Direct Link To This Post Posted: Feb 03 2013 at 9:14am
With something like buying a house I think I'd discuss things ahead of time with that person that way the KNOW "hey, this is how it goes, once I do this and that it's up to you to keep with everything else financially." That way they know where I stand. 

Also, IA with Samone, I'd see where they stand before I even buy whatever it is I'm getting them that way I know if they can even afford to keep up with it.
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Post Options Post Options   Thanks (2) Thanks(2)   Quote iGotSunshine Quote  Post ReplyReply Direct Link To This Post Posted: Feb 03 2013 at 9:14am
Yes it'll be bought outright.
I told them to look into foreclosures and maybe we could talk about wal mart furniture
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Derri Quote  Post ReplyReply Direct Link To This Post Posted: Feb 03 2013 at 9:18am
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