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Updated about 9 years ago on . Most recent reply
Easiest/best way to sell/transfer home to family members
Hi,
My relatives live in a house that I own and they want to take over the mortgage/title of it. They have gotten pre-approved for a loan so that they can pay off the debt I owe on the house.
I don't need a real estate agent. Do I only need a title company to facilitate the transaction?
Am I able to do it just with the mortgage lender? Because the title on the house is clear etc. because I just bought the property 4 years ago for them to live in. However, they now have the ability to buy/take the house from me.
Any advice/help would greatly appreciated.
Thanks!