Is there a age limit to buying house ?

Question

Like such as a 10 or 12 year old buying a house is there laws against it.

Answer 1

You have to be 18 unless you have been legally emancipated.  You better be paying cash because I doubt anyone younger has the income to qualify for a mortgage.

Answer 2

why is someone trying to run away and buy a house?

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Answer 3

Laws against it? Well sort of. Minors cannot enter into contracts, so No a 10 or 12 yr old could not own a home. Minors could be on title with there parents so technically they could be co-owners. Besides would you as a bank lend all that money to a minor ?

Answer 4

I never heard of that being against the law but I never heard of a 10 or 12 year old buying a house either. No one would sell you a house just by yourself at that age.