Assumption of home/mortgage

[Quantrell Sanford]

Hello BP family,

My parents are looking to sell me one of their properties. We tried looking into the possibility of assuming the mortgage, however, their loan terms won’t allow it. 

Are there any creative financing strategies where I could take over the home with little headache? We would like to avoid as much as possible such as closing costs, appraisals, etc. 

Thanks in advance!