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Updated over 1 year ago,

Haven M.'s profile image
Haven M.'s profile image
Haven M.
  • New to Real Estate
  • from Newburyport, MA
  • Member since Sep 19, 2011
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User Stats

31
Posts
14
Votes
Haven M.'s profile image
Haven M.'s profile image
Haven M.
  • New to Real Estate
  • from Newburyport, MA
  • Member since Sep 19, 2011
Connect
Haven M.
  • New to Real Estate
  • Newburyport, MA
14
Votes |
31
Posts
Creative Real Estate Financing

Buying Subject to with an attached Life Estate

Haven M.
  • New to Real Estate
  • Newburyport, MA
Posted

Hey All,

My wife and I are looking to buy my wife's grandmother's house in Massachusetts and grant her a life estate. Given the interest rate increases recently, we would like to buy it subject to her current mortgage and be able to give her some cash in process. Does anyone have any experience with this type of situation?

Boston, Massachusetts
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