THE BLOG

Underage Homeowner: Buying A House At 20

10/19/2009 01:33 pm ET | Updated May 25, 2011

Originally published on Youthradio.org, the premier source for youth generated news throughout the globe.

By: Nate Hadden

Before she was old enough to legally drink alcohol, Denise Tejada bought a house in the San Francisco Bay Area, one of the most expensive real estate markets in the country. Her brother Wilmer bought his first house when he was 21 and he’s planning to invest in a second property soon.

The siblings purchased their bank-owned properties within the last year. They see the slumping real estate market as an opportunity to both capitalize on their hard work and thriftiness, and a chance to get their feet in the door in a highly competitive local housing market.

 

Also From Youth Radio:

Youth Radio/Youth Media International (YMI) is youth-driven converged media production company that delivers the best youth news, culture and undiscovered talent to a cross section of audiences. To read more youth news from around the globe and explore high quality audio and video features, visit Youthradio.org