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Updated about 3 years ago on . Most recent reply

User Stats

159
Posts
55
Votes
Khoa Ha
  • Real Estate Broker
  • Garden Grove, CA
55
Votes |
159
Posts

How to sell to a relative?

Khoa Ha
  • Real Estate Broker
  • Garden Grove, CA
Posted

Hi BP Members,

I purchased a property around 6 months ago. Today I wanted to sell the property back to a relative. I wanted to sell it at the price that I purchase it at and have him assume the loan to keep the low interest rate I currently have on it. Which professional specialist should I reach out first to start this process? Will it be my lender, escrow, or someone else entirely?

Thanks,

KH

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