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Updated about 4 years ago,

User Stats

11
Posts
4
Votes
Laura Lamberth
Pro Member
  • Edmond Oklahoma
4
Votes |
11
Posts

Buying a Property from a family member

Laura Lamberth
Pro Member
  • Edmond Oklahoma
Posted

I have a question as a NEWBIE...I am buying my uncle's condo to bail him out of a yucky situation.  It needs a lot of work so he just needs his mortgage paid off $30k.  I only have one property that I went through a realtor, but this is just a simple quick purchase.  What exactly do I need to do that would be simple, cost effective and quick.  I know I will need a contract, that I am sure I can find online, but then what?  Sorry, the first rental I really didn't pay attention of the steps, because I got my hand held along the way, which I guess wasn't smart on my part!  Thank you for your help!

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