Becoming a homeowner in your 20s is a feat. With the way things are in the economy and real estate market, finding a home within your budget is probably more difficult than winning the lottery—it’s basically all luck. One great broker, an understanding real estate agent, and a rare interest rate are all it takes to get the keys. When your relatives insist on helping you with purchasing the home, run for the hills. More often than not, there’s something in it for them, and you will end up getting the short end of the stick. It’s always the ones you’re supposed to trust, isn’t it?
In this next story, a then-21, now-27-year-old woman decides to purchase a home, and her entitled grandmother insists on helping her. The woman was under the impression her grandmother cosigned, but she actually put her name on the house, then refused to make half of the payments as she promised. The woman luckily struck up a deal with the landlord after three months of missed payments, and she took her grandmother’s name off of the house without her knowledge… Scroll to read.