Wednesday, November 30, 2011

My husband and I are planning on moving to Texas in 2 years. We want to buy a house there next year?

We would like to rent it out for one year and move into the house the following year? Is this possibe? Do we need to actually be residents of the state to buy a house? What is the going rate to rent a 4BR, 2.5 BTH house in Houston, Texas? My husband's sister lives there so she will over see things for us in terms of rent collection - maybe, and her husband will handle any maintenance issues - we will pay them someting every month for taking care of this for us. Any feedback is welcome plese.|||Yes, har.com (Houston Assoc. of Realtor's site) has every house on the market with every agency online, just search under rentals...





Good luck!|||go to www.weichert.com click on agents/offices. we have 2 offices there. ask for the office manager. explain what you are trying to do and they will match you with an agent.|||I don't live in Texas so I am not sure, In Maryland you have to live in the residence for the first 5 years on most purchases unless its a second home. So I would suggest that you speak with the mortgage company that you plan to use, or a real estate agent. In MD, you also pay a penalty if you decide to sell within the first 5 years.

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