<prompt> Human: As the title says my aunt, who is her 30s, asked me to co-sign on a house with her.She is currently living in Western New York and after living there for about 20 plus years she has decided that it is time to come back home and move close to her family, all her sisters, brothers, cousins. She says her credit is not that well so she cant get a house on her own and would like me to co-sign and after a couple of years I can choose to sell her my portion and she would give me an agreed upon amount. She is currently selling her old house and says she will be getting some money from that and also has some money in her savings for the down payment on the house, for repairs or any other money she may need.I am hesitant right now to do that as i am still living at home, paying off some credit cards, student loans, hospital bills, and also provide my mom with money for rent, food and any other things she may need from me. I havent checked my credit score in a while but it is in good standing.Is this something I should consider doing? Would it help me when I consider buying a house for myself?Edit: Even though I have not commented on all the replies I have read every single one. I may not have been fully aware of the risk and though I would be helping myself by doing this all of you have made me realize it would a awful mistake to even consider it. It would cause a strain in my relationship with my aunt and family as well as my financial set up for the future. Thank you usleepyguy22 for the link and all the testimonies of the fall out that comes with it.As for my aunt I dont think she has bad intentions but I plan to talk to her and offer to help her move, pack or any manual labor she may need but am ultimately going to say no.Assistant: Is this something I should consider doing?No.Would it help me when I consider buying a house for myself?No. Youll likely be buying her home for herself if you cosign on her mortgage. Think about what that means. If the bank wont extend her a loan without your incomeassets as collateral, does this seem like a good idea?Human: Thank you, didnt think about it that way.  <response>: Also you will likely get denied for a mortgage if you ever try to buy your own home since you will already have her debt in your name. A cosigner means you BOTH are on the hook for the full amount of the debt, not that you would only owe a portion. Its a terrible idea. She would have to refinance the entire mortgage on her own to get your name off, and she would likely be denied because of her bad credit the bank wont give her a mortgage to begin with so why would they give her one in a couple years?! No no no no 