 Being evicted? |
| This month has been hard on our family. We ended up paying rent very late. (just on sat) But we paid it in full and late fees included. This was the only time this has happened. The landlord came ... |
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 ADVISE PLEASE!!! Should I stay in the house I am in, or should I move? PLEASE READ BELOW? |
| I am currently renting a home, my landlords decided to put the house on the market and do a short sale. After an open house and 3 other showings, the real estate agent said that she received ... |
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 My parents want to buy a home under my name. What should I do? |
| I'm 22 with pretty good credit and a good paying job. My parents have never owned their own home but now that they're more successful business wise, they're up for it. They both have ... |
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 Is it possible to buy an island for about $2 million? |
| i herrd that leonardo de caprio bought an island for 1.2 millon and i was wondring is it tru becaue i have about 2 million saved and i would love to buy an island where can i get the info?... |
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| My tenant has left her old mother alone at my house 2 days before the end of the lease saying that her mother would leave on the last day and return the house, But the mother refused to leave and ... |
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 Lease ends 6th of October. Should landlord have to prorate me if I want out by 6th? |
| I live in Washington state. I am on a 6 month lease and was wondering if I have to pay in full for my last months rent. I want to give them 30 days notice by the 6th of September. Are they required ... |
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 Can my landlord sue me when there was no verbal or contractual agreement of rent? |
| I recently rented the lower level of a home. The place turned out to have more problems and issues than I cared to deal with. I never agreed to a specific amount of time that I would stay or what ... |
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 After ice storm, tree fell on my car. Will my landlord be liable for the damage? |
| I rent a house. There is a pine tree that has been dying since before I moved in on the property. Two weeks ago we had a winter storm - freezing rain, below zero temps, wind gusts 30-40 mph. Well, ... |
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 Can I make it with a room mate? |
| Ok so I want to move out when I turn 19 and when I go on to this school I'm transferring to. The apartments around there are probably around $300 - $400 and I want to know if I can make it with ... |
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 Know any mortgage companies that will do 100% financing with fico scores of 561 and 624 respectively? |
| my hubby and i make around 95,000 a year and we only have a car payment and a payment on land that we bought last year. we are working hard to pay off all our debts, we sold our last house a year ago ... |
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 Can a builder require you to apply for a mortgage with a specific lender? |
My wife and I are buying our first home. We are already pre-qualified for a loan through a broker. We found a house in a new development that we decided we wanted to buy.
I know in C... |
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 When does a house become a home? |
| I moved a month ago to a one bedroom apartment. Ive always lived with either my parents or my husband or my children. I just cant seem to feel at home in this new place. What are some things i could ... |
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| I have heard that some associations can forclose on your home over fees not paid. But I don't believe that is in NY.... |
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 My Landlord refuses to allow me to have a cat. He was extremely aggressive towards me and claims they're dirty |
What can I do?
I called him and his reasons for his instant refusal were that cats are "dirty, flea-ridden animals" and he hung up on me.
When I called him again, I stated that I ... |
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 How do I get a mobile/manufactured home put only in my name.? |
My auntie is "helping" me take possession of a mobile home I inherited from my uncle (her brother).
She said it had to be put in her name as well as my name to avoid an ... |
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 Can I get evicted while husband is in boot camp!? |
| My husband is in US Navy boot camp.. He's been there a month and we still have not recieved his first paycheck. (pay day= 1st & 15th)The recruiters said AFTER he left that I probably won... |
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r a | Ok my brother wants to buy a foreclosure house but get this hes 16years old? |
any i was wonder if its even possible for him to buy a foreclosure house it kinda peaked my curiosity
Additional Details
and i heard that its possible if he has like our parents to co sign and the house i s only 20,000and the mortgage was $171 actually inm thinking of geting it lol |
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linkus86
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He can do so only if his parents or legal guardian cosign both the contract, the mortgage and any other contract involved with the purchase. Otherwise he has to wait until he is 18 or become legally emancipated from his parents. |
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Innowen
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Anyone under the age of 18 cannot enter into a legally binding contract. This includes real estate. |
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linda
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at age 16 he can not enter into a legal binding contract. |
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Expert Realtor
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He can't even buy it, because that requires a contract...and a minor cannot sign a contract OR a mortgage.
That is why you see alot of very young celebrities get emancipated, so they can sign contracts on their own. |
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Babyangel52304
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he cant buy it...hes 16. |
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MIND THE GAP
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In my state (California) and I think most other states, the answer is YES BUT there are some big problems.
An 18 year old can not sign a valid contract.
However, it is not required to sign a contract to by a house. Lets say a 16 year old hands me $2,000,000 and I sign a deed to my house to him. He/she is now the owner of the house. He/she CAN NOT sell the house until they reach age 18 because to sell a house, you must sign the deed as the owner.
No offer a 16 years old signs is valid as an offer is a proposed contract and he/she must be 18 for the contract to be valid.
No lender will make a loan to anyone under 18 years old because any contract he/she signs is not valid and the lender can not collect the debt.
So, a 16 year old can buy a house but it IS VERY UNLIKELY TO HAPPEN. |
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Your Maryland 'Net Realtor
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The short answer is probably not ... he's not at the age of majority where he can be legally bound by a contract that he would sign. In most states, that's 18, so he may need to wait a couple of years ... UNLESS he can get someone who is of legal age to be party to the transaction, too.
The other thing to consider is that for most foreclosure sales, the winning bidder is required to put up a substantial deposit ... usually 10% of the outstanding mortgage balance. That deposit is non-refundable in the event that the sale doesn't go thru (except if it is stopped by the courts or reclaimed by the owners during the redemption period). |
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Alterfemego
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Not in the US. You have to be 18 years old, sane and sober. |
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XxAsiaxX525
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to be on the deed of a house you must be 18 yrs old |
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Heather C
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only if he has cash and/or someone cosigns the loan. I personally would be very wary if I were to purchase a house from a 16 year-old. In most jurisdictions, a contract signed by a minor (under 18) is not legally binding. |
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john e
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He can buy it but he cant sell it as a minor. |
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