My sister and her common tenet husband have a house they can't afford, and They want to make a contribution me the option to thieve the payments and live in it and do a lease to own contact . after have the substitute to buy the house within 2 years of me leasing the house contained by North Dallas. I trust my sisiter but not him . Where do I go and what variety of contact do I need to be precise will protect me from 5 years from know him teying to get his house fund . I want to lease it and the payments going towards me buying the house within two years, I stipulation to get my credit sophisticated.
Answers: It is great that you are helping out your family. There are lease purchase agreements available online and I own one here at my office.
Lease purchase agreements are great, and you should clearly make sure in attendance is a set price at the end of 2 years (it might be lower than actual appraised value, but if the $ is too big for the market... you can meander away).
Since you don't trust your brother in decree, you should type up the lease purchase agreement to show that YOU MAKE THE MORTGAGE PAYMENT DIRECTLY to the current mortgage co. Send any difference to them by mail.
Get beside a mortgage professional to plan your credit repair (directed disputes, pay down credit cards, break open new/empty credit cards). This way you will KNOW you can buy the house surrounded by the future.
Best of luck!
PS I am originally from Greenville.
realstate attorney will do this point. go hire one, wan page is just a flip away.
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Answers: It is great that you are helping out your family. There are lease purchase agreements available online and I own one here at my office.
Lease purchase agreements are great, and you should clearly make sure in attendance is a set price at the end of 2 years (it might be lower than actual appraised value, but if the $ is too big for the market... you can meander away).
Since you don't trust your brother in decree, you should type up the lease purchase agreement to show that YOU MAKE THE MORTGAGE PAYMENT DIRECTLY to the current mortgage co. Send any difference to them by mail.
Get beside a mortgage professional to plan your credit repair (directed disputes, pay down credit cards, break open new/empty credit cards). This way you will KNOW you can buy the house surrounded by the future.
Best of luck!
PS I am originally from Greenville.
realstate attorney will do this point. go hire one, wan page is just a flip away.
Resolved Questions: