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re: Possible to buy family members out of property in individual transacations?

Posted on 12/18/15 at 2:26 pm to
Posted by LSUFanHouston
NOLA
Member since Jul 2009
37857 posts
Posted on 12/18/15 at 2:26 pm to
It's not hard, like Gumbo said, you can probably handle all 6 of the willing sellers in one transaction. Because it's family and family can be stupid, I'd have a real estate attorney draw up the documents. Should not be more than a few hundred bucks. This is assuming a cash sale.
Posted by sdc74
Houston
Member since Jan 2007
1204 posts
Posted on 12/18/15 at 3:12 pm to
It is a cash sale. Thanks both for the information.
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