QUESTION
My mother passed away and left me and my sister a house. I want to buy my sister out. Am i gonna need a downpayment to pull a mortgage to buy her out?
Asked on May 14th, 2021 on Real Estate - Florida
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My mother passed away and left me and my sister a house. I want to buy my sister out. Am i gonna need a down payment to pull a mortgage to buy her out?
1 ANSWER
Ancillary Probate Attorney serving Miami, FL
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Stephen R. Garcia-Vidal, P.L.L.C.
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You would have to go through probate and have a court order entered for the title. How you buy her out is up to you regarding the funds. You can reach out to me at sgarciavidal@garciavidallaw.com. Thanks.
Answered on May 26th, 2021 at 7:13 AM