All Forum Posts by: Dan Schalk

@Eric C. Thanks. Thats what I thought/feared. Lol. Thank you.

I’ve talked to the residency specialist at the school. The fifth criteria is to own a residential property for one year. You DO NOT have to live in the property but you do have to live in the state ( hold a valid drivers license and be registered to vote).  This post isn’t about establishing residency as I’m am completely confident that I have the correct answer to that (from the person at the school who reviews residency) It’s about carrying paper on a property and if my daughters name remains on the deed if she sells it and holds the paper. 

I’ve already researched the residency part. She doesn’t need to live In The home, just own it for a year. I  Just wanted to know how the seller carry arrangement impacts her name on a deed? Thanks. 

Hey all,

I am buying a house outside of Waco TX in my daughters name so she can get in state tuition. The plan was to buy a cheap house and sell it and carry the paper so I wouldn’t have the headache of being an out of state land lord. The house must be in her name. Question is: when the house goes under contract is it then in the buyers name, thereby undoing what I need to do to gain residency?? Is there a way to avoid this? Any suggestions would be appreciated.

Dan