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I am wondering if you received my reply?
Just in case you didn't...
My fiance bought this property from his parents over 15 years ago (cost-50,000). We recently refinaced it and I am now on the deed & the mortgage. This prpoerty has 2 homes on it. His mom is using the guest house and is refusing to help cover the cost of her living expenses there. He has 7 other sibilings who won't help with the costs either. His mom & dad are on the deed with lifetime use of the property (non specified). The question is-what can I do to recoup the living expenses from this woman? Also, she is receiving assistance form the state. They think she's paying rent, but she is not. What can I do. The reason we had to refinance was because my fiance was in debt from trying to pay for everything alone. The living expense are almost 600.00 monthly for that portion of the property. We can't evict his mother (she knows that we won't) she's taking advantage... what can we do?
Most of his sibilings had gotten great deals when they purchased properties from his mom & dad several years ago. Although he had felt an obligation to allow them to stay rent free for the summer months when they would return from their retirement home in Florida, he never offered to allow her to stay rent free when she returned as a year round resident after his dad had passed away. All the property values have increased over the last 15+ years. I suggested that she request that all her children pitch in to help with the costs. We aren't even asking for market value rent, just the costs. I will give my fiance the reply you wrote. Perhaps this will help him to make a more informed discision on how to proceed with the delma.
Thanks for your time. I now have some peace.
I do have one more question...am I considered a "new" owner since I am noted on the deed and we have a new mortgage?
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