Why should I or shouldn't I co-sign on a mortgage? Please help?

by eyewash
Question by lovemydoggy: Why should I or shouldn't I co-sign on a mortgage? Please help?
My mom is trying to buy our first home because we were given a small grant from our local city. In using my mom's income, we can really only afford to get homes we are not interested in. The bank is using my mom's AVERAGE net income from her 2007 and 2008 taxes. This is hurting us and limiting our loan amount. I did not file 2007 taxes because I didnt work (was a student). I work now, I make

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