Kiplinger.com Community - powered by vBulletin Kiplinger.com
Starting Out Investing Your Money Spending Wisley Your Retirement
Kiplinger.com Channels




Go Back   Kiplinger.com Community > SPENDING > Home and Real Estate
User Name
Password
Register FAQ Members List Calendar Search Today's Posts Mark Forums Read


Reply
 
Thread Tools Search this Thread Display Modes
Old 12-10-2008, 03:28 PM   #1
NicoleB
Registered User
 
Join Date: Dec 2008
Posts: 2
Unhappy help....... buying buying from In-Laws

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
NicoleB is offline   Reply With Quote
Old 12-11-2008, 08:32 PM   #2
NicoleB
Registered User
 
Join Date: Dec 2008
Posts: 2
BTW they own it free and clear...I hope that helps more!
NicoleB is offline   Reply With Quote
Reply


Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is Off
HTML code is Off
Forum Jump

Similar Threads
Thread Thread Starter Forum Replies Last Post
Buying Mustal funds via discount brokers FullSpeed Financial Rules of Thumb 1 04-25-2008 11:27 PM
Buying First Home and Starting Law School. kerryr24 Home and Real Estate 2 05-11-2006 01:04 PM
Buying Mustal funds via discount brokers FullSpeed Online Brokers 11 04-17-2005 04:04 PM
Can you go wrong buying Ford? avcsarle STOCKS 1 10-17-2002 11:09 AM
Can you go wrong with buying Ford? avcsarle STOCKS 0 10-16-2002 08:09 PM

SPONSORED LINKS
 
 
Powered by: vBulletin Version 3.0.1
Copyright ©2000 - 2009, Jelsoft Enterprises Ltd.