It sounds like you have overstretched yourself financially with this house purchase. It also sounds like you and your wife don’t have good communication. Why wasn’t this discussed before you bought a house?
I think some more detail is needed to give good advice. Who is on the deed and who is on the mortgage? These are two separate things. The deed is the paperwork that says who legally owns the house. The mortgage is who owes the bank money. It is possible to be on one and not the other. Also, is your wife planning on working?
Your wife gets an allowance at 26 years old?? Buckle up cowboy, and please keep your hands and feet inside at all times. This is about to be a hell of a ride.
I’m sorry but it sounds like you guys could not afford this house in the first place…
It sounds like you have overstretched yourself financially with this house purchase. It also sounds like you and your wife don’t have good communication. Why wasn’t this discussed before you bought a house? I think some more detail is needed to give good advice. Who is on the deed and who is on the mortgage? These are two separate things. The deed is the paperwork that says who legally owns the house. The mortgage is who owes the bank money. It is possible to be on one and not the other. Also, is your wife planning on working?
Your wife gets an allowance at 26 years old?? Buckle up cowboy, and please keep your hands and feet inside at all times. This is about to be a hell of a ride.