<prompt> Human: I should start off by saying I dont really know much about finances regarding stuff like mortgages, so I dont think I can really explain anything relating to that very well.So, although it isnt happening anytime soon, my parents have recently been thinking about moving to another house. The cost is 57,000, and they told me that with my credit, the cost to pay it off each month would be around 500 to 600. I dont remember the exact number again, dont know how mortgages work.But, my main concern is...I dont want to live with my parents forever. Im currently a 22 year old who doesnt really know all the adult knowledge yet. My yearly income is between about 21K. My credit score is quite good, and my parents credit scores are not good, thus why they want me to put it under my name. I would eventually like to move out and live on my own, once the opportunity arrives, and Im afraid if I refuse to do this for them, theyll be upset with me. And I dont want to live with parents look loathe me or anything.Now, not to say that they are mean or anything. In fact, they told me they feel guilty whenever they ask for a little extra for the rent I pay them currently to live with them. And I have a strong feeling they dont actually want to take advantage of me. Again, its because their own credit scores are bad. But with this...I feel very uneasy about.Maybe its not that bad, maybe it is. I just want anyones opinion and advice to help me have a clear mind with this.Update: Hello again. I talked to my parents about this just a few minutes ago, and they were totally cool with me saying no to this. The main reason they even asked is because they werent sure how long I planned to live with them, and kind of assumed Id be living with them for a long time. My mom has a bad leg, and my step-dad was simply trying to find a new location to help her not climb stairs at all. But it wasnt until now I told them of my future plans that they told me they didnt want to have me feel like I was being forced to take out a mortgage.So yeah, my parents were totally cool with it. I thank everyone for giving me the advice they did. 3  <response>: No, definitely not. Not a chance, no way in hell, no way jose. In Spanish, No. In English, No. In Italian, No. You will be on the hook 100 for this home, and if there is any default, any issues it is you on the line. If you want to buy a home, and let your parents rent from you, thats a different story. But this is you signing the paperwork for a home for your parents. Nope. If they have poor credit, it is because they have made poor financial decisions, what makes you think that this wont be one of them? Think about it this way. Banks have billions of dollars at their disposal. If they wont risk 57,000 to lend your parents the money, why would you put yourself on the hook for it? 