Do I have a deal

[Alesha Rayford]

so my mothers significant other has a home that he stopped paying on. There is a mortgage over 80k with a tax lien. I searched the internet looking for market value which is about 125k maybe  more. House is basically turn key. A little paint can do wonders. He did mention someone did take over the tax payments. I'm curious as to how can I go about helping him?can this possibly be a deal? 

[Aaron Junck]

Tread lightly>>> Buyer Beware.... etc.  You said this is your mothers significant other correct? This is a very risky.

1. If you do end up figuring out a deal that you both feel is a good deal that great. Or is it? 

What happens when you decide to part with the property or say you don't and a little time passes and he wants it back (for the same deal) there can be a huge family uproar. And could possibly tear a family apart.  Even if everything is laid out and written down to the finest detail some people have a change of heart at some point in time.

2. If someone took over the tax payments your going to have to get them paid up 1st and that can be a chunk of change. 

Im not saying you can't do a deal like this . I am just saying if you decide to proceed forward both of you sit down with an attorney and have everything explained as much as possible. Don't learn the hard way on this one. It is no fun having money come between you and family.(Learned from experience)