Re: A very foolish friend... Is he screwed?
08-16-2011 07:23 PM
She's definitely reality challenged but very serious about maintaining perfect credit.
He isn't on the home equity loan and the mortgage has never been late.
My guess is that she's the one who's screwed... For now. He could probably afford to cover a second mortgage fort the actual amount spent making the improvements she had to have, if that meant getting her off the title but not a full $80K.
She does own half the house, though. I hope it doesn't end up one of those "nice guys finish last" stories. He's soft but really did think they were getting married and really wouldn't listen to anyone who warned him that this would happen. Any time someone said "Don't do it" he was convinced people either didn't like her or weren't being supportive.
Starting Score: 675
Current Score: EX 753 FICO, EQ 737FICO, TU 738
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