ANSWERS: 3
  • Sorry about the wrong category, btw. Clicked submit and then noticed the Real Estate category. :p
  • Do some internet research on the best way to record the deed, since you aren't married. You need to be careful to protect your best interests. Google "how to buy a house" Also go to the bottom of this page and click on "How to Articles" then type how to buy a house in the search box. You should seriously consider paying a legal adviser who specializes in real estate, just to be on the safe side.
  • Find out the fiar marker value of the house. Any real estate agent will tell you that. If it's a good deal then sure. But if not don't. There is an 8K dollar tax credit at the end of the year when you do your taxes this year.

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