My husband and I own a trailer that we rent out to my husbands cousin. He has lived there about 6 months and always pays rent on time and we never have any problems with him. We told him he can buy it from us whenever he comes up with the money. (We are still paying it off)
Today, my husbands aunt called us and asked us if she could buy our trailer and she has the money now. But if she did, our cousin would have to be out by the first of the month. We are close to him, but he is not finacially stable, and he says he can buy it with his tax money in February but he is notorious for not following through on his promises. And my husband and I are behind on our bills, with Chrismas and everything, and could really use the money now.
Sooo....do we hold out for the cousin to buy it (hopefully) in Feb., like we had agreed to OR take the money now and he would just have to deal?? We have no legal contract with him, by the way.
2007-12-20 14:07:38 · 4 answers · asked by Anonymous in Family & Relationships ➔ Family
Money can really make you think all kinds of things. Here's the best answer I could possibly give you.
What if the cousin were you? What would you do if you were put out? You will do the right thing. But sometimes you have to do what you have to do and it's not always the right thing to everyone else.
Good luck in whatever you choose.
2007-12-20 14:20:53 · answer #1 · answered by Happily Married/Mom 1 · 0⤊ 0⤋
Now its time to talk businesss and busines is your priority . Why / You have to think about your future and the future of your husband . The cousin can live some where else . He did before you rent him your trailer Caring and protecting is about kids , but your cousin is a man so he can take care of himself
2007-12-20 16:05:06 · answer #2 · answered by lala 7 · 0⤊ 0⤋
I would tell your cousin the circumstances and let him know that if he is serious about purchasing the trailer in February that you would like a signed agreement and if he doesn't purchase the trailer you will be putting it on the market.
2007-12-20 15:10:21 · answer #3 · answered by Sidelines 2 · 0⤊ 0⤋
You gave him your word and he has never been late on his payment. He has kept up his part of the bargain, you should too.
2007-12-20 14:12:26 · answer #4 · answered by Anonymous · 1⤊ 0⤋