I’ve saved for my own home, but my parents secretly arranged my sister’s mortgage, expecting me to co-sign due to my solid credit. I worry about the financial consequences.
hey, this whole setup seems pretty off. don’t let them pressure u into risking your credit. it’s your money, so you should only co-sign if you’re totally comfortable with it. sometimes no is the best answer.
The situation is complex, and it is important to consider both your financial responsibilities and the transparency of any arrangement. In my view, co-signing a mortgage is a significant commitment that should only be made after fully understanding the potential risks and having all parties involved agree on clear terms. Given that the arrangement was made without your full consent, it is valid to reconsider this obligation. From personal experience, it is wise to consult with a financial advisor to evaluate your exposure and set boundaries that protect your credit and financial stability.