Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 8 years ago on . Most recent reply

User Stats

169
Posts
70
Votes
Jeremy Beland
  • Real Estate Coach
  • Derry, NH
70
Votes |
169
Posts

What Form To Use?

Jeremy Beland
  • Real Estate Coach
  • Derry, NH
Posted

HI,

I have come across a lead of someone who owns a house that is paid for, however they are way behind in property taxes and condo association fees. To the extent that they're going to lose the property to a sheriff auction. The auction was delayed due to them filing bankruptcy and I am hoping this is an opportunity for me to get the property under contract and help them. I am a newbie and yet to make a deal.

I want them to sign the property over to me and in return, I will settle all debt with the property and help them get into another place. To do that, what form would be best to use? Assign to? Purchase Agreement? Another one?

(I will have it looked at by a local real estate attorney beforehand to make sure it works in my area)

Thank you in advance!

Loading replies...