How To Buy A House From Parents Or Family
A purchase between family members is considered a “non-arm’s length” transaction, which simply means the buyer and seller are related. In addition to saving a little money on the fair market value, buying a home from a family member usually means lower closing costs. You won’t need a real estate agent and you probably won’t need a home inspection if you trust the family member you’re buying from. Assess The Mortgage Say goodbye to the days of needing to sell your home before buying a new one. There’s an easier way, and