Sorry, I seemed to have missed alot of excitement on the board, but I have had my own going on. I thought I had learned somethings here, but now question that.
I am currently living with my daughter and her husband, originally we were going to buy the house together but that never came to fruition. I put some money down, but the house actually went into my son-in-laws name. With the housing market as it is, I would have lost either way.Anyway, originally I paid two thirds of the house payment (for about a year and a half) after my mini stroke last summer and unemployment for about five months, that changed drastically. I now feel that I am of no value to my family if I can't give them anything.
My exH (not the crazy N) needed to buy a house because he is paying outragious taxes every year, since he has no deductions. He is very frugal and over cautious. Of course now is a good time to BUY, becuase everyone is loosing their homes. We started looking, with the agreement that my son (his too) and I would live with him. I would rent a room and we would be friends, which actually we get along fine like that, and if he became involved or I did then we would give each other sixty day notice (that's not likely to happen though).
All was well and good, we had found several houses that were acceptable to him and I was willing to live in and pay rent, then he got notice he owed the IRS, well of course he has no write offs. To make a longgggg story short, he wants to put everything on hold and start again in Sept. This has been his mode of operatin for the 28 years we were married, can't do two things at once. I understand his concern for IRS, but the problem will be the same next year and the year after until he has deductions.
Well, I am now looking at other options just needed to vent my frustrations.