real estate






 

Question by  warren37676 (57)

What is the law in Texas about purchasing a home with your mother and how the loan will work?

I want to purchase a home with my mom.

 
+7

Answer by  flamiss22 (5081)

There is no special rule about purchasing a home with your parent. Both names will be put on the lease and if something happens to prevent the loan from being repaid both people will be liable.

 
+6

Answer by  Brandon55 (1719)

Purchasing a home with another person is no different with a family member than with anyone else. Both of your names will be on the title and loan.

 
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