<prompt> Human: So my wifes parents are looking to purchase a house in the suburbs of LA about 45 minutes from their job locations. My wife expressed concern that they cant afford a house, but want to use her name to get a loan. I think its a terrible idea to get involved with their finances to this extent and Id like a second opinion from you guys. Their finances are about:65000 fathers income15000 mothers incomeBills:500month car1200 mortgage on small condo purchased less than 3 years ago at 170k5000 credit card debtMy concern is that they are in their mid 60s with no real savings, investments, or retirement besides the condo, Which is in a good location but they are still paying off. They want to purchase a house that costs 400k. I advised my Wife to try and change their minds aand avoid putting this anywhere in her name but I would like to hear some thoughts. Sorry for strange formatting as I am on mobile.  <response>: I wouldnt touch that loan with a 10-foot pole. It sounds like it is bound to default and sink your wife with it. Their incomes dont warrant a house of that value, especially because they may not be able to work much longer. 