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re: Property issue
Posted on 9/7/18 at 12:54 pm to LSUFanHouston
Posted on 9/7/18 at 12:54 pm to LSUFanHouston
Thanks for all the opinions, we possibly will not NEED to take out a loan to build.
Yes I know they can't just donate it to me if they dont own it, but wasnt sure what options we had.
Yes I know they can't just donate it to me if they dont own it, but wasnt sure what options we had.
1
Posted on 9/8/18 at 1:52 am to TigerDat
Find the most experienced real estate lawyer in your area. He should give you a an hour or so without charge (then maybe 500 to 1000 if it can be done). He should know how to do what you want (and know if it is possible or not)
Your bank, mortgage co, and title company will be FAR more likely to do the arrangement if a solid attorney is dotting the i's and crossing the t's.
Seems to me it would be a piece of cake with a good real estate lawyer (run from any other kind of lawyer). And could get very messy (or worse) without a good real estate attorney. And if you do need some financing down the road, a very crisp and clean deed shoul make financing far easier.
Your bank, mortgage co, and title company will be FAR more likely to do the arrangement if a solid attorney is dotting the i's and crossing the t's.
Seems to me it would be a piece of cake with a good real estate lawyer (run from any other kind of lawyer). And could get very messy (or worse) without a good real estate attorney. And if you do need some financing down the road, a very crisp and clean deed shoul make financing far easier.
This post was edited on 9/8/18 at 1:59 am
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