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Updated over 8 years ago,

User Stats

1,254
Posts
342
Votes
Rich Hupper
  • Broker / Investor
  • Tewksbury, MA
342
Votes |
1,254
Posts

Writing up an offer

Rich Hupper
  • Broker / Investor
  • Tewksbury, MA
Posted

Hi bp. I have a family member funding my investing with their heloc. I am wondering how i should write up the offer(s). They do not want to be on title. However their name is the only signer on the heloc account. The proof of funds letter from the bank, references them.

Can i sign as the buyer on the offer form or must they? I fear if i sign the offer form and the seller sees them on the proof of funds letter, the seller will then want something in writing saying they are gifting me the money.

Anyone have experience with this?

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