NicoleB
hello,
I am completely clueless in the real estate area and I need help understanding my rights, so I hope this makes sense...
We are planning to buy our first house from my in laws with no or very little down payment. But first they want to open a company and sell the house to the company. Then the company will sell the house to us.
I am confused as to why they would do this and if this is beneficial to us and also if this is legal? ( I believe they also want to keep their name on the title.)
Also any advice on the right steps we should take. I feel like we are approaching this blindly and they are calling all the shots!
Please help!!
Any help is appreciated :)
Thank you
I am completely clueless in the real estate area and I need help understanding my rights, so I hope this makes sense...
We are planning to buy our first house from my in laws with no or very little down payment. But first they want to open a company and sell the house to the company. Then the company will sell the house to us.
I am confused as to why they would do this and if this is beneficial to us and also if this is legal? ( I believe they also want to keep their name on the title.)
Also any advice on the right steps we should take. I feel like we are approaching this blindly and they are calling all the shots!
Please help!!
Any help is appreciated :)
Thank you