Money

Dear Penny: I Refuse to Sign My Boyfriend’s $5,000/Month Mortgage. Am I Wrong?

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2 years ago

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Dear Penny,

My boyfriend’s mother passed away in April 2022. In 2000, she refinanced her deceased mother’s brownstone. She had her name and her two adult sons’ names on the deed. At some point, the house went into pre-foreclosure. She refinanced again, but this time, she had to remove her sons’ names from the deed. 

In 2022, his mom was in and out of the hospital. At one point, she was released from the hospital and doing well. I created a list of financial questions my boyfriend needed to ask his mother while she was in recovery. I was unaware

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