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Recent content by LuckyFish

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    Would this be legal?

    Texas. Previously posted, but no response. I tried to be more specific this time. I'm a first time home buyer. Is it okay (legal) to purchase/finance the condo for more than the sales price and keep $5-$10K for remodeling (say the seller would give back monies at closing)? I have heard...
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    Any other options besides 203K?

    Texas. I am currently living in a condo who the owner financed. I have a Contract for Deed, and only a 5 year note. I'd like to finance it myself (if my credit has improved enough) and the owner wants out as well. I only paid (with contract) $23,000 for a small condo that is worth...
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    Am I 'member' of the HOA?

    What is the name of your state?What is the name of your state? Texas There was a vacancy due to family death of one of our Directors. The board has asked me to complete her remaining term. According to our by-laws, you must be a member of the HOA to serve (and vote). My question is whether I...
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    Contract for Deed vs. Owner Finance with Lien

    From Texas: I have lived in a home (condo) in Texas since August of last year. It purchased with cash from an investor, and together we signed a Contract for Deed. I would much prefer the Deed be in my name, with her having a lien against the property until paid. I could then serve on my HOA...

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