Ask around and perhaps see if you can also do a money judgement/garnish wages.2.

This is a judgement free zone. 

Debt is crushing right now, 1st mortgage on home 7%, 2nd mortgage 4.5% but adjustable, lawsuit judgement $17K at 4%, and those total the value of my home.

Then answer the question yourself with a written plan, and from that point forward, only ask questions to others that will help you attain your goals - not a judgement on them.

I was awarded judgement in my favor on a remodel gone wrong by small claims court in Central Texas.

Then if you happen to win the lottery someday, the plaintiff gets paid the outstanding judgement from the lottery winnings before you get paid whatever is left over.

I don't see what benefit with would provide any party other than possibly allowing the lender, who know be a co-owner of the property with the nephew to get a judgement forcing the sale of the property. 

Knowing construction in Texas, is that sound judgement or am I limiting my choices too much and should consider home a little older?

I'm not one to avoid people in general but if I were I'd avoid  those who think or call others ignorant.It's way too strong and  offensive  a word for the sentiment you are trying to express , in fact some may feel the use of that word in the specific context you  applied exhibits it ig.....( oops I nearly  did it myself)... impaired judgement.

In every instance though trust, honesty, and non-judgement are at the center.