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Updated over 9 years ago on . Most recent reply
Can a cash buyer buy in his mother's name?
I'm an agent in Texas. An investor contacted me wanting to buy a house using his money but buy in his mom's name (her on the deed, not him). She is okay with it and he has the money, I have seen his bank statement. He is not gifting the money to her. He is buying to rehab and re-sell. Is this legit?
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Wayne Brooks
#1 Foreclosures Contributor
#1 Foreclosures Contributor
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- West Palm Beach, FL
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Wayne Brooks#1 Foreclosures Contributor
#1 Foreclosures Contributor
- Real Estate Professional
- West Palm Beach, FL
As long as She signs the contract and closing doc.s, I would think. Ask your title co.