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Should I help my daughter buy land for a tiny home instead of renting?

My daughter is starting her first job this year and mentioned wanting an RV instead of renting an apartment, so I've been looking at vacant lots near Dallas running $19,000 to $30,000. I really dont want her living in an RV park long term. Is helping her buy land for a tiny home actually a smart move?

10 Answers

my name is on the deed but not the mortgage and my sisters name is on the mortgage but not the deed. if we sell who actu

my name is on the deed but not the mortgage and my sisters name is on the mortgage but not the deed. if we sell the house who actually owns what and who gets paid first

11 Answers

Can I rent out my house after remortgaging to buy out my ex?

A few years ago I remortgaged so I could buy out my ex partner and keep the house, and Ive been living here on a 5 year fixed rate ever since. Im thinking about relocating to Australia sometime next year or the year after and want to rent the place out instead of selling it. I dont know if remortgaging to buy someone out changes what Im allowed to do with the property later on. Does anyone know if theres anything in that kind of loan that would stop me from renting it out once I move?

6 Answers

Should I list high or list low to force a bidding war?

Im selling my house after only owning it a year because I lost my job and just want to be done with it. My original agent, who I used to buy the place and really like, wants to list at a price Im comfortable with. But a more experienced agent a friend introduced me to says I should list it low on purpose since a similar home nearby just sold for 100k under what I paid, and try to spark a bidding war instead. Im already bracing for a loss on this sale so I really dont want to leave more money on the table by picking the wrong strategy.

7 Answers

Can I hold the seller responsible for a water heater that failed the day after closing?

We just moved into our new home yesterday and woke up to a flooded utility room because the water heater tank burst. During the final walk-through, everything appeared to be in working order, but now we are wondering if the seller was aware of an ongoing issue and failed to disclose it. We are trying to figure out if there is any standard protocol for handling major appliance failures that happen so soon after the title transfer.

15 Answers

Should I sell my house before buying a new one?

I'm planning to move to a new city for work and wondering if I should sell my current house first or buy a new one before selling. I'm concerned about the logistics and financial implications of managing two properties at once. What's the best approach in this situation?

14 Answers

Why it’s difficult to get a foreclosure home with decent prices

I need a foreclosure home with decent prices

7 Answers

Need help with locating a rental/leased condo

Searching for a furnished 1 bedroom condo

8 Answers

What factors should I consider when selling a house during a recession?

With economic uncertainty looming, I'm nervous about selling my home. I worry about getting a fair price and whether buyers will be scarce. What should I focus on to make the sale successful in these conditions?

11 Answers