Living in house that him and ex-wife shared? My bf has a home that is about to go into foreclosure, his ex-wi?


Question:
moved out months ago leaving bills all unpaid, which we just found out, and has cancer so its unlikely she will move back in. his mom just passed and left him a little money, he wants to catch up on the mortgage to take it out of foreclosure (its still on market) and move in until it sells. we can't afford rent in apt we live in and mortgage. and if it goes under we won't be able to get a house when we are ready. we have been together two years, im about to have a child in jan, and planned to buy a home in another year. I just want honest opinions

Answer:
I am in the mortgage industry you do not want a foreclosure on your bf if you plan on making a life with him and buying a home together in the future. Move into the home that he currently owns keep up the payments and when you decide to sell you can use the equity to put down on your new home. In the meantime do a little painting and put some of your things around so that you will feel a little more comfortable.
If you can take it out of foreclosure, just keep up the payments after that and stay there. If the ex is wanting half the money from the sale, offer to make payments to her, after deductiong the money you spent getting out of foreclosure.
i wouldnt want to be in this situation. but if you love him and want to stay with him. just hang in there until yall get a home of your own.
I think it is totally fine as long as you feel ok with it. In your case you are forced to live in the house. Put up lots of pics of you and your bf together as well as your family. Bring in lots of plants and aquarium. It will bring you a sense of your own space in no time.
Just relax and save your money for that baby and your new house. Congrats on your new addition!
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