Thomas E. Williams II
(850) 258-8670
[email protected]
Emerald Coast Living

DAVE SAYS: Let Dad be mad, but don’t buy the house

Posted on - Laura Bernstien

Dear Dave,My dad wants me to buy a house on a 30-year loan for him and my mom in my name, and let them make the payments. I’m 24 years old and have a good credit score and a nice apartment, but my job depends largely on how the oil industry is doing. My dad filed bankruptcy nine years ago, and he’s already $150,000 in debt again, so he’s never been very responsible with money. I think this would spell big trouble for me, but I’m sure he […]