In a condominium, you own from the drywall in, not the exterior, roof, windows etc.

It's a modest start: a $50k condominium that we purchased for cash in need of only moderate cosmetics.

Research the old Household v.

New construction isn't even keeping up pace with household creation so it seems that hyper-supply is not on the horizon. 

The property in question is a block of 18 1BR condominiums currently being operated as apartments.

Aloha Michael,There is really no need, they just feel they are getting older and need someone to trust their estate with.The parents want to add our name because they have a co-signer they want to remove as well and there is a trust issue with the other members of the household.

I had success buying defaulted notes direct from Consumer credit type lenders  Household finance type companies.. but the big banks sell this paper in bulk in big tapes... but if its a local Texas bank and they will talk to you then its possible.

As of this year, condominiums of ANY age are now subject to eviction control.

Did you know around 70% of US households have a pet?

pid=1579Houston Real Estate Highlights in November Single-family home sales fell 2.0 percent year-over-year, with 6,159 units sold;On a year-to-date basis, home sales are up 4.6 percent and on track for breaking 2017’s record performance when December data are compiled;Days on Market (DOM) for single-family homes was 60 versus 62 a year earlier;Total property sales were statistically flat, with 7,400 units sold;Total dollar volume rose 3.9 percent to $2.1 billion;The single-family home median price climbed 4.4 percent to $235,000, a November high;The single-family home average price also achieved a November record, rising 4.3 percent to $295,084;Single-family homes months of inventory reached a 3.9-months supply, up from 3.6 months last November, but below the national supply of 4.3 months reported by NAR;Townhome/condominium sales dropped 2.8 percent, with the average price up 9.0 percent to $213,043 and the median price up 4.5 percent to $165,000;Leases of single-family homes jumped 15.3 percent with the average rent down 1.3 percent to $1,743;Volume of townhome/condominium leases rose 0.6 percent with the average rent up 0.5 percent to $1,505.