Cash: $ 1.80
Joined: 30 Sep 2012
I bought a house with my ex-wife in 2005.
Small 3bed/1 bath for 108k.
4 years later - divorced. I got the house ( and mortgage ).
Still owe 95k ( mortgage is 900/month ) and my dad who is recently retired is living there and pays 500/month.
Honestly, if is he wasn't in it, I would have walked. Imagine the money i could save!
I was supposed to get it refinanced ( per the divorce ) in 2008, but since the house is only worth 65k, no one will refinance.
What do you think I should do ?
The only thing good is that I know my dad is taken care of, but how much can I take ?