R
rosie
Guest
I bought with a relative two years ago. She had €80k to put down on the property and I had nothing. We both paid the mortatge equally for the last two years and now we have just sold the house. She mentioned to me that since the house price increased by 30%, the deposit that she initially injected (€80K) will have risen by that much aslo, i.e. she is due her €80K + 30% = €104,000.
Somebody else told me that in the RTE programme 'Im an Adult get me out of here', this very issue was raised and the 'expert' said that no one should be taking any more than what they initially invested and any profits are split 50/50.
I would really love to hear some opinions as we have a great relationship and we don't want to see either one of us left short....
Somebody else told me that in the RTE programme 'Im an Adult get me out of here', this very issue was raised and the 'expert' said that no one should be taking any more than what they initially invested and any profits are split 50/50.
I would really love to hear some opinions as we have a great relationship and we don't want to see either one of us left short....