Skip to main content

Forced into buying a home at 19, no idea what to do, need lots of advice.

As the title says, I'm 19 being forced into buying a $200,000 home.

TL:DR I need a lot of instruction on what steps to take as a first home buyer since I truly know NOTHING about how to do this.

I'm living in a rent to own house with my mom. We're under a 4 year lease and we have about 5 more months before we are expected to buy. I knew when we moved in I would be co-signing on the property in 3 years time. Everything took a really bad turn several months ago when my mom and landlord rewrote the lease double the price. I wasn't informed of this extreme change until 3 months after this occurred. My mom has since left her job and I have been practically the sole provider since. In the past 3 years I have put a lot of effort into fixing up this house and I simply cannot leave as it meets a lot of necessities. My mom wants to be as helpful as she can but I can tell she is extremely lost and is too distracted to really figure this out with me. I just need some help from hopefully more educated and reliable resources (while fact checking). Thank you

submitted by /u/MusicGeekdotcom
[link] [comments]

source https://www.reddit.com/r/RealEstate/comments/17rbnvk/forced_into_buying_a_home_at_19_no_idea_what_to/

Comments

Popular posts from this blog

North Carolina – “One to Buy; Two to Sell”

I realize I will likely have to contact a real estate attorney but also hoping to hear insights and experiences from others! I have a house in NC that I bought by myself in 2009, and paid off, in full, in 2022. I got married in 2023. My spouse and I have not lived in the house as our "marital residence". We have maintained separate residences even after we got married. (That a separate topic!). I am now selling this house. Realtors have told us that my husband has to sign the deed at time of transfer but I am not convinced since the house has not been our marital residence. The realtors like to use the phrase "one to buy; two to sell", which seems like a broad-stroke statement which is not applicable under all circumstances. And of course, the realtors don’t realize the details of my specific circumstances: I purchased and paid for the house in full prior to marriage Only my name is on the deed And most importantly, we have never lived in the house as a marit...

Looking for Prospective Opportunities to Utilize Floor Plan Redraw Skills

"Hey HomeOwners & Investors , I have a team of 10 professionals who are trained in redrawing/redesign floor plans in both 2D and 3D interior& exterior using floorplanner.com/3ds Max and TruView point cloud. We're looking for prospective opportunities to utilize our skills. Are there any companies or individuals in need of accurate floor plans and measurement reports ? Any suggestions for where to start looking? Thanks in advance for your help!" submitted by /u/mangojuicelife [link] [comments] source https://www.reddit.com/r/RealEstate/comments/119uoh0/looking_for_prospective_opportunities_to_utilize/

Question With Tricon "Pending ID".....

My wife and i, along with 2 other peopl applied to rent a house, and our application says "Approved, Pending ID". Anyone else know what that means? Do we pretty much have the place or are we missing something? submitted by /u/Itskrueger [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1orixqj/question_with_tricon_pending_id/