<prompt> Human: My fiance and I are both in our midlate 20s and have never owned a home. We are currently in the process of beefing up our credit scores and saving to purchase a home within the next few years. Yesterday, my fiances mother asked him to go down and apply for a home loan in his name with his father as a co signer. This would be for a home that his parents would be living in, not us. His parents currently own a home which they would like to sell, but they want to jump at the chance to buy another less expensive home before theirs sells. His mother says that she wants the home to be in his name because he is the oldest and she wants him to have it when she dies. I think it is all a horrible idea. If he does this, how will it effect our ability to qualify for our own home in a few years? What else should I be aware of? We are very new to this whole process.  <response>: hahah. Just because people can physically have a child, doesnt mean they are smart enough to raise it. What about your future? And your own savings? This would be a deal breaker for me, if my SO did this. but they want to jump at the chance to buy another less expensive home before theirs sells.Have them rid of their junk. Sell the house, move into a temporary apartment, then buy. Put your foot down that theres no reason for them to push their financing troubles into yours. It will be his if they die, if hes on the will. Parents are weird. Dont do this. 