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re: Property issue

Posted on 9/6/18 at 10:19 pm to
Posted by 10MTNTiger
Banks of the Guadalupe
Member since Sep 2012
4139 posts
Posted on 9/6/18 at 10:19 pm to
quote:

which will be completely ours once my parents pass.


Assuming that your parents have satisfied the lien in full upon their passing.

If you are going to take out a loan (as I assume you will) to build on the property why don't you talk to one of the loan officers that hold your parents' lien and tell them what you want to do. I would imagine they would be perfectly fine subdividing and even setting you up with a home loan that incorporates that subdivided area of land? Worst they could do is say no...
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