ANSWERS: 2
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Your boyfriend doesn't want to help. He is setting you up for a fall in the future. If you grant him half of the ownership of the house, your stuck with him for as long as you own the house, and what sux even more, is that if you try to sell the house, he may not agree, and can stymy you on any future transaction. Either way it's a bad business deal, if you were married, then you would both equally share the burden legally. I suggest you talk to a certified realtor before making such extreme decisions.
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When an owner of a home says he/she will carry.. means..Once you put a substancial down payment.. say $10,000.00.. the balance of a $155,ooo.oo will be carried as a bank carries a loan. Sometimes you can get it for less interest if you deal directly with the owner.
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