Asked by Richard Kanarek, Brooklyn, NY • Wed Jan 16, 2008
Greetings from Bklyn, NY!
I may - or may not! - be relocating to Indy within an indeterminate number of weeks. I will receive no reloc assistance, and I will need to complete my move QUICKLY! It would be very, very helpful if I had some specific place to move to, if my transfer comes through.
I was thinking of buying a very cheap house (under $50K, preferably way under).
What are my options? Can I begin the purchasing process for a house conditional upon my relocation? Can I arrange a "rent with an option to buy" lease in advance? Can I begin the process now, and then complete it quickly if I get my transfer? Other ideas???
I wouldn't purchase a house without an inspection/etc.; how would that affect my scheduling?
I wouldn't mind risking a small deposit to hold a house, if that would help.
I'm planing to drive to Indy shortly to examine some houses/neighborhoods; is there anything else productive I could do while there?
Thanks in advance!
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