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Me and my sister are super close. We decided to buy a house together about a year ago. We both
had excellent credit, you know, good savings. The house is fully in my name because we didn't
need her credit. We were going to buy another house to put with her credit. But at the moment
we're having issues. She has a boyfriend. They're engaged after a couple of months.
I don't agree with it. So now I'm the bad sister. And it's just like, um,
where do we go from here? You don't agree with the boyfriend? What?
They are engaged at the moment. You don't like him?
No. After three months they got engaged. I have my reservations on him.
Careful my opinion. She don't like it. Your phone is awful. Can you speak more
directly into your phone? It's all muffled. Yes. Can you hear me now?
Yes. That's a little better.
Okay. Okay. Sorry. Yes. Um, she asked for my opinion on it and I gave my honest opinion.
She didn't like it, but now things are awkward at home. Okay. But, um, you know,
now it's messing with the peace at home and I'm just considering is the time, you know,
um, she doesn't want everybody to talk about anything. Should we, should I wait it out?
Should I, you know, reconsider putting the house up for rent?
I thought the house was in your name. It's in your name. She's the roommate,
right? She's just renting a room in your house.
Yeah. So we both went half on the deposit for buying the house and the down payment.
How much, how much each? Um, I would say each, maybe like 30 K,
30 K each. And what was you guys' agreement when she moves out? Does she just get the 30
or does she think that she is entitled to any other bit of equity? You didn't write anything
down, did you? No, it was verbal. So the agreement was we would still, you know,
pay half of the other portion of one moved out until we either sold the property or until
one got a roommate. So you can't afford the property. You can't afford the mortgage if
she moves out. I can. I just wouldn't want to because it will take up a chunk of money.
That means you can't afford it. That would mean you can't afford it. Okay. Okay.
Sell it. Okay. It was a bad plan. It was a bad plan. Okay. Now let me say this.
I think the way you do this does matter. If you, she says, Hey, what do you think about Ken? And
you say, I don't like your boyfriend, Ken. And then you say, well, that's it. You're,
you're kicked out of the house, right? That doesn't go well. So I think that there's a
way that you can not do this throwing a hissy fit, right? She's, I mean, she can marry whoever
she wants to marry. She's a grown woman. No, I mean, that's not the point. The point is, okay,
look, we're not getting along. And so it's not good for us to own this house together anymore.
So let's get it sold. That's all you have to say. You don't want to talk about Ken.
Okay. You don't think putting it up for rent would be a better option?
Why is that? It's not a better option.
You still own it with somebody that you don't like, and it's not mad at you.
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Well, I own it by myself. She's not on the deal.
Right, but you can't afford it.
I know, but you own it because you did a deal, a handshake deal that said you own it together
and she gets her money back out. So you can't just put it up for rent and cut her out.
Right.
Yeah, you got to get you got to undo this deal because you guys aren't getting along
because you shouldn't have been in this deal in the first place because you guys
might not have been getting along. Did Ken move into your house?
I hope not.
No, he doesn't. He hasn't moved in, but he's always there.
Okay, I see what's going on here. Yeah, that's what I was afraid of.
Yeah, it's time to get the house sold.
Yeah, let's just talk about. Okay, guys, you guys, it looks like you guys are moving on
with your life. I'm going to move on with my life. And so real good time.
Realtors coming over. We're going to put the house on the market.
Sister, you're going to get half of whatever we get out of this.
Yeah.
At closing because you put in half of it and I'll be signing all the papers and
you guys have a good life and love you.
Well, I think we put so much into remodeling it.
Listen, what I would do is.
Sarah, all that doesn't matter. You called us and said this situation sucks,
so don't stay in it regardless of how you got here.
And if you sell it and you make a profit, split the profit to split up.
You guys split it down the middle. You split the rent.
You split the down payment. If there's profit, split the profit.
Yeah, that was your deal, wasn't it?
Yeah.
Well, you did a dumb deal and now you've got to undo the dumb deal.
Buying a house with your sister when you are not aligned on how life works is a dumb idea.
And so you got yourself into a barrel of fish hooks here.
And the best thing to do is dump the barrel out and get out of it as fast as you can.
That's going to be the best thing for your money.
It's going to be the best thing for your peace of mind.
And it's actually going to be the best thing for your relationship with your sister.
I agree.
Because now she feels like she's like you.
The house is in your name and her boyfriend's over there all the time.
And there's all this tension in the air.
But when the house is sold and you know,
they got to go do their own apartment and you do your own situation and
everybody will be okay.
And all of a sudden, 10 years later, you might like Ken.
Who knows?
That's why I said don't do it with drama.
Because if you just look at it and say to her,
it looks like you guys are getting ready to go into a new phase of life.
This is the perfect time.
Let you go do that.
Yeah.
That way it doesn't mess with your relationship further.
Yeah.
Instead of like, I got to sell the house because I hate your boyfriend.
That's not the reason.
It's just a bad idea.
And we did it.
And it looks like you guys need to do your thing and we're going to let you.
And I'm going to go do mine.
And everybody's cool.
It's all good.
No problems.
And you know that though, you don't have to get into trying to fix her life,
which is where you got into trouble.
Yeah.
As soon as you start telling her who she could date, that was a problem for her.
I wonder why strange.
Okay.
Yeah.
I mean, that's she doesn't like it.
That's fun.
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