My parents put me as a co-signer of the house we bought 7 years ago (i was 20 then), I live with them and I pay them whatever I can, sometimes almost half the monthly mortgage.. Does it mean I also own part of the mortgage? Do I own percent of the house? Will the bank come after me if we get behind the payment? how does this work.. I recently applied for personal loan and it asked me for Assets and Liabilities.. I said I don't have any.. am i wrong? edit: i also recieve the yearly realstate tax letter, my parents pay for it
