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.


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.


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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