QUESTION
My Father and Aunt own a house we are buying my Aunt out should we take out a loan on half of the house or take out a loan on our house thats paid
Asked on Jun 22nd, 2013 on Real Estate - New York
More details to this question:
What problems do you foresee at closing or to switch the deed over
1 ANSWER
1 Award
To get the best rate, do a contract from your father and aunt to your father, and do the loan as a new purchase money mortgage. I can handle this for $1500 if you want.
Answered on Jun 23rd, 2013 at 9:01 AM