Iwhat can I do I am 55 and still don't own any property. I am worried about the future/ any sugestions?
112421
Relax!  I'm 58 and I don't own any property (that is, real property) either.  I live in an area where the average home price has gone over half a million dollars, and I probably never will own any real estate.  So what?  In the end, you can't take it with you.
589301
They can hold everything up, which is why this is such a hard spot to be in.  We studied the ways to inherit property when I got my real estate license.  This problem came up again and again as an example of what happens when parents leave property equally to all children.\n\nIf you can't reach them by phone and work it out, you'll have to get a lawyer.  Which is never good for family.\n\nYou are all joint tenants.  Two of you can sign over to the third, who will then be in joint tenancy with the 4th.  The first two will be out of the equation for any remaining decisions on the property, effectively the same relationship as before- just less people involved.\n\nYou can legally sell your shares to the third as well as give them away.  Good luck, I wish you well.
696547
See if your grandmother is willing to sell the property and if so, contact a Realtor.  If not, then ask your grandmother to call her lender and see if they are willing to help by deferring a payment or something of that nature.  Doing nothing will get you nowhere except in foreclosure, so don't delay in getting the problem resolved immediately.  If nothing else, go out and get a 2nd job, for crying out loud.
544706
unless you are planning on living in a cardboard box, or are filthy rich, you better be saving!!! minimum to set aside is 10% of your income, but that is bare bones minimum. don't count on the government of any country to help you, and if they do, it will be subsistance level only, don't expect to be warm and well fed. you have only yourselves to count on. I certainly hope your children will take care of you, but that mostly depends on how you raise them. are you raising them to believe that family is important, and that old people are to be respected and honored? are you raising them to be responsible adults and to have respect for others and themselves? even so, they could have tragedies in their own lives that prevent them from being there. and when you consider that people are living longer than ever, how do you think you are going to pay for your food, housing, medicine for all those years after retirement if you don't have some set aside? I bet if you go into a senior center or retirement home in any country, you will find plenty of people going without medicine, food, and other important things because their social security or government benefits just aren't enough. contact a financial advisor or do some research yourself and start saving and investing now.
364620
It sounds like you have everything you need for now, so maybe you could look to the future... retirement account perhaps?\n\nSounds boring, but if you start investing now, you will either have a lot of money when you retire, or you can retire early.  If I didn't need anything immediately right now, like a car or a tv or something for my house, knowing I could retire earlier would be nice.
1229
why buy land that clearly had no purpose or meaning, clearly why it has been so long and you didn't keep up with the papers.  not trying to be mean but if it was just b/c u have the money share the wealth!!!!  but if i am wrong about all that good luck hopefully you may find the paper!
8727
Work hard.  Take risks.  Think outside the box.  There is no one path, but you can bet careful saving and investing will help.
730399
Iam 35 and I also made some bad financial decisions when I was younger. My advice is to clear your name, get the debts out the way and start a clean slate. Ring them up and sort something out. It will be better for you in the future, because it will give you more options, and you wont have the weight of it hanging over you.
279305
No you are not, and your time will come :)  Don't worry so much - kids are SO eager to grow up and you'll get to be an adult, kiss, make love for the next 50 years.. slow down, take your time!\n\nAdults do have some bennies, but at the end of the day, you'll have those BENEFITS and RESPONSIBILITIES for the next 50 years!  Think of how long your 18 years has been .. pretty shocking huh?  This will come, and hopefully, for you, because you are a bit older, you will appreciate it that much more :)
549022
Maybe put up some posters in apartment complexes offering your services to the elderly, such as taking out their trash or running errands.\n\nSome people might need dog walking services or even someone just to come and play with the dogs; or, someone might need you to clean their yard weekly if they have dogs in their backyard.  Some might need a young man to rake the lawn or mow the lawn.\n\nThink about all the things you can do and all the talents you have and the various things you've learned from your parents and grandparents.\n\nBe creative and be persistent!  See if you can do things first for people who know you so that you can build up references to offer people to show them that you are a young man of good character.\n\nGood luck!  Young people such as yourself are hard to find these days.  =)
1187216
I was in a simialir situatio to this a few years ago, except I didnt have any land.  I wasnt able to get a construction loan without putting up my half of my current shared house as collateral.  It was kind of a sensative area legally I was told.  It ended by my ex having to buy me out and paying off the remainder of the loan so she could own the house outright.  It can be done, you just need to investigate.
868617
Robert welcome to the grey zones, your best bet would be a private insurance person that you can trust and he/she can sit down and discuss the choices in your area relevant to your finances, beware most of 'em want to sell you their's and they don't care for the rest. Besides this part d is necessary in a way, you don't get it at age 65, they will make you pay penalties later, good luck
811362
Go to City Hall, ask for HUD assistance, good luck. Have you considered housesitting? You get paid to watch someone else's house.  Have you thought about live-in caretaker? You have options.
1142582
Sorry, you're a minor. (I'm only 14) And as such you can't legally own anything. Now, as a parent as a custodian you could get some of that stuff, but in the end they would always have the final word on everything. (You don't really legal exist, your parents represent you) But even with a custodian you couldn't get the patents or copyrights you need under your own name. You could (if you had the money) hire a lawyer to represent you as an adult, but your parent would have to consent. As for bank accounts, you may be able to open a joint account with one of your parents. (I did) Personally, I'd wait a bit, maybe until you sixteen or so to get really serious. Talk to your parents about it (I know, that wouldn't be like you want, but that's life as a minor) I hope you do really well in all your future endevors.
162832
Well first try to get something small,like a furniture account. Then you just must make sure you are not late on any payments and you build from there.The more you pay the more someone will take a risk on you.
1018561
Check with the local legal aid agency in your area I know there are limits on things that you have sold or given away for the past 1-3 years... Legal Aid helped my brother in a similar situation .
1143306
As you get closer to the 55-65 age range, you need to be more careful with your investments and reduce risk.  This is because you have less time left in life to recover any losses and due to less income from work.  You may be going into a "fixed income" situation and need to live on Social Security or a pension.  Therefore, you can't afford to take a big hit in stocks.\n\nI suggest a balanced portfolio of stock funds and bond funds as well as a money market fund.  You want to pick funds that perform well in bear markets.  As you grow older; you move money out of stocks and more into bonds and money funds.  Fidelity and Vanguard have several outstanding no load and low load funds.  Less than 10% of your portfolio should be in individual stocks at age 65.   \n\nIn addition, you may want to consider annuities.  One popular new product is the "Equity Indexed" annuity.  This allows you to bear zero risk of loss and participate in the return on the S&P 500 or some other market index.   You need to be sure to buy from a strong insurer and to only put in money you don't need to live on as an annuity is a long term product.  An annuity can provide a lifetime stream of income if funded properly.\n\nI suggest you meet with a financial planner.  This person should be a CPA, EA, CFP, or Chartered Financial Consultant.  They can be fee only or work on commission.  You need to ask lots of questions when hiring one.  Good Luck.