Joe, Barbara, thank you so much for your quick and insightful responses. As for owner-carry, this is a foreclosed property so I believe this might not br an option in this case. Anyhow, I sincerely appreciate your feedback and I feel now in a better position to make a decision. Kind regards, Gustavo... more
An RV is a vehicle, it's not real property. You are asking this question on the wrong forum. What you need is the department of motor vehicles or the equivalent in Texas. However, I would imagine that you would want to obtain the title to the RV if you are purchasing it just as you would with any vehicle you are purchasing.... more
Consider an FHA 203K loan. The 203k loan will give you both the funds to purchase the home and to renovate the home so any issues identified by the appraisal can be addressed after closing. It's a terrific product! There are two types, streamlined and full 203k. If the house needs less than $35K in repairs (provided they are mostly cosmetic) then you can go with a streamlined version and work together with your local Lowe's store to complete the repairs. If more than that you can still get a full 203k loan, it will provide more money for repairs and will cover major issues like a septic system or heating system, etc. You will need to find a general contractor, I believe, but your realtor and lender may be able to help with that.
If you need a referral to an FHA 203k lender, contact me here on Trulia and I can help you with that as well.