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what is the most cost effective way in transferring a deed to a family member

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Icon Mini Profile clim30





Joined: 25 Jan 2011

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Post Posted: Mon Jan 31, 2011 10:04 am    Post subject: what is the most cost effective way in transferring a deed t
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my mother is thinking of transferring her house to my name but we both do not want to entail a lot of expense in doing so. What would be the best way in transferring the property in my name without having to pay fees or additional taxes (aside from the property tax?)
Icon Mini Profile adonis
adonis




Joined: 22 Oct 2005



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Location: ALASKA
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Post Posted: Tue Feb 01, 2011 11:08 pm    Post subject:
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Welcome clim,

If the property is free and clear, your mother can use a warranty deed in order to transfer the property to you.

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