kids want to buy duplex from Mom

Author Message
Icon Mini Profile snowoman17




Joined: 27 Aug 2009

Posts: 1

1.28 Dollars($)
PostPosted: Thu Aug 27, 2009 4:34 pm    Post subject: kids want to buy duplex from Mom

Mom is in a memory care facility w/dementia. She has enough money for 6 more months. My brother and I want to buy the duplex so she can stay in the facility longer. When her money runs out (about 2 years) she will go to a nursing home. Do we have to go thru a real estate agent to buy this?
Icon Mini Profile JKennedySLG
JKennedySLG
Community Experts
Community Experts


Joined: 01 Apr 2009

Posts: 374
Location: New Jersey/New York
14.97 Dollars($)
PostPosted: Thu Aug 27, 2009 5:26 pm    Post subject:

No. Speak with your attorney about this. Your mother being the Seller and you being the Buyer leaves no reason for a Realtor to get involved. I hope this helps...
_________________
James Kennedy
(877)724-4844
(732)979-7409
50 States ~ Low Rates
STATED INCOME LOANS
First Time Home Buyers (580+ Credit)
Quick Reply
Your Name
Subject
Message body

All times are GMT - 7 Hours
Page 1 of 1

 
Ask Questions
Community Attorney
Joshua Heard - Attorney Joshua Heard
Houston, Texas






Highlights
Helpful References
Mortgage Guide
Mortgage Terms
Mortgage News
Book Center
Shop and Compare lenders
30 Yr. Fixed Vs. 5/1 ARM


Our Community
MortgageFit Blog
Community Professionals
Community Rewards
Introduce yourself
Website tools


Community Rewards
Five simple ways to earn money with the Mortgage Community.

New and upcoming tools
Credit Repair Tool New
Mortgage Planner
Simple Budgeting Tool






DebtConsolidationCare    Insurance community: We Make You Insurance Smart    CreditMagic: Helping you build up credit


We have chosen to apply the Creative Commons Attribution License to all works we publish. This work is licensed under cc by 2.0
Website Feedback
Feedback Analytics