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 Is there law that states I do not have to allow my landlord to show my apartment?
My landlord and I got along great I moved in 6 months ago( lease for 6 months) he allowed my to pay extra rent to pay the security deposit as well and I did. I have been very gracious in letting him ...


 What do i need in order to get a mortgage?
i'm thinking about getting a mortgage next year, but interested to find out how much money i need in order to be eligable for a mortgage, if anyone can help me with this i'd be most ...


 My house went to foreclosure and then to sale. I have now been contacted by the bank that purchased the house?
The bank that purchased the house has sent me a letter saying I have to vacate the property in 6 days. Is there anything I can do to get more time to vacate or save the house or is it to late for ...


 I bonced my rent check, what will happen?
My February rent check bounced. So my question is, will the rental agency deduct it from my security deposit, or will they come after me for the money? I have lived in this apartment for a year and a ...


 Buying a forclosed home?
What are the drawbacks?...


 Trying to buy house. listed price 99900 offered 97000 w/seller paying closing w/cap of 2500 what do you think?
House has been on the market since last november but their realtor is trying to tell us they arent in a hurry to sell...although they already have their eye on a new house.
Additional Details


 Can i refinance my ballon loan into a fixed loan?
my 1st loan 280,000 is a fixed rate 6.65. my second loan 74,000 (15 years fixed with balooon payment of 54,000 at the end). can i just refinance the second loan. or combine the two into one loan. ...


 Realtor question.?
When selling a home, and one has to go down on price because of the market value....do you pay the realtor their percentage of the price you sold it at? Or do you have to pay the price you put down ...


 When is contract invalid?

Additional Details
I am renting a property and the landlord advertised and agree that the property would have a backyard. Now he says he is not sure what the final outcome will be. A...


 If mortgauge interest rates are as high as 7% and on avg house apprepriation is 7% . Is it worth buying home?
...


 Can I get a loan for a home/ mortgage payment before I pick a specific home?
I am interested in purchasing a home and have a price range in mind. Can I get a loan for a home in my price range before I choose a specific house??
Additional Details
Thank you all so ...


 Can you buy a house with no down payment?
is it possible to buy a house or condo with no down payment?would it help if you have good credit and your credit score is 758?...


 When young should you bue or rent a house?
dont know what to do buy or rent for the first time its not time yet but some friends are moving into there own place should a couple of young pepole buy a house or rent a ...


 Should my landlord have warned me about a roach problem before I moved in? What can I do about it?
Obviously I AM REALLY GROSSED OUT.

I noticed one roach in the sink on my first day. There were a couple the second day. On the 4th night, I opened my dishwasher and it was FILLED with ...


 We are looking to buy our first home ......?
and we only have a couple hundred dollars for down payment but have heard about grants helping you with a down payment and closing cost does any one have any info about them ??
or a website that ...


 Y or N please: Are realtors more motivated to work with ...?
Are realtors more motivated to present to their seller an offer from a buyer who has no realtor they are working with and make the double commission vs. presenting an offer from another realtor where ...


 Property for 160000, can only afford an interest only mortgage. is this a bad move?
i am renting a detached 2 bed house and recently my landlord asked if i would be interested in buying the property. she has asked for 160000. i have 8000 deposit but can still only afford an interest ...


 House buying question please help!!?
There is a really nice house my wife and I like for sale or rent. We told our Realtor that we would like to rent to own it. The house has been on the market for over a year. He asked their Realtor ...


 Does any one know how to purchase a home w/out Realestate Agent?
Does any one have any ideas how to find an owner who wants to sell a home w/ out using a realestate agent?
We have plenty of time to find our "perfect home" in Carle Place.
O...


 UK question: Can you get a mortgage if you are unemployed?
SInce being laid off I have been looking for work, but havent found anything in my field. But in the meantime I want to buy a flat and let it, as the rental income should take care of the mortgage. ...



pants
Can a 14 year old buy a house?
Can a 14 year old purchase a house. Like, it officialy be in their name and everything ?
Additional Details
the first answer confused me a little, like if iwanted to purchase a house with my own money, my parents would just have to co-sign or something like that?
Would I be the only one with rights to sell it ?
                     
 




effeykins
You can own a home, but it will not be in the traditional manner, like you are probably thinking.

You cannot make contract until you are 18, so you cannot sign any documents related to obtaining the property. You also cannot obtain services such as utilities, etc.

The property could be obtained for you through a trust or a guardianship, where the trustee of the trust, or your legal guardian can sign all paperwork.

Laws will vary from state to state, and I must assume that if you have inherited a large sum of money, there has been an attorney retained, who can advise you on how to proceed.


tone
Rating
not alone, in trust for yes, or with parents for ownership to transfer if something unforseen happens.


PuppyPower
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someone can transfer ownership to you, but I'm pretty sure that until you're 18, you can't enter into a legally binding contract


Landlord
You you can not sign a contract and can not buy or sell homes.

Your parents can a house in place of you and put a trust in your name, however you could not sell it until you come of age.


Meghan
Being 14, you can not legally sign a contract- so no. But it could be in a trust for which you are the beneficiary.
But you can't live there anyway, so wait until you are 18.


broccoli brain
Rating
Since you are a minor, you cannot legally enter into a contract on your own in the USA.


riesdad
Rating
I think the right answer is "No."

In California, all real estate contracts have to be in writing. A 14-year-old cannot sign a valid contract. (Gotta be 18) Thus I think a contract to purchase real property by a 14-year-old would be invalid.

Think of it this way- what if you wanted to sell me the house? If you're not 18, I'd not be confidant you had the ability to sell it.

It's not only the real property wrinkle, it's the whole notion of a legal child being able to sign a contract.

If you find a legal entity willing to act on your behalf, that's another matter. Parents are one option, a bank or attorney acting as trustor for the trustee (child) might work. Too many variables and unknowns at this point. Sorry.


=]
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im 14 too. taken by the fact that u couldnt understand the first answer (niether could i) i would have to say no. Your 14 u cant live on your own anyway...


"everythings liscious"
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i would think no. but could be wrong. to buy a house, they would probably want to see a stable income (which i don't see how a 14 yr old is working that much), also base it on a credit report, and again, a 14 yr old probably doesn't have any established credit. I think you have to be at leat 18 also.

but like i said, i don't know. these are just my thoughts.

enjoy being young. finish school. being an adult sounds very exciting, but being a student is so much easier! i wish i could go back to high school, so i didn't have to work and pay bills and all that jazz that comes with adulthood


heyteach
Rating
Real estate could be in trust (you have a legal guardian who is effectively in charge of it for you until you are an adult). Alternatively, if you were an emancipated minor, you'd be given the rights to hold real estate. You probably wouldn't have that go through, however.


♥tigereye♥
No. It is legal for a minor to hold a contract. A mortgage is a contract. It would have to be in an adults name.


DDR
Rating
idk


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