Posted on: 14th Apr, 2010 08:12 am
MY BROTHER IN LAW PURCHASED A HOUSE IN CASH FOR ME AS I DIDNT HAVE THE MONEY AT THE TIME IVE NOW PAID IT ALL BACK TO HIM AND HE IS WILLING TO CHANGE THE DEEDS IN TO MY NAME BUT WERE NOT SURE HOW TO GO ABOUT IT WE WANT TO DO IT WITH LOWEST COST POSSIBLE?
Welcome ANGIEJONES,
As the property has been purchased for cash, I don't think there is any mortgage on it. In that case, your brother-in-law can use a warranty deed and transfer the property to you. Once this is done, you need to record the deed at the county recorder's office. You can take the help of an attorney in order to fill out the form. The cost of property transfer may vary from one state to another.
As the property has been purchased for cash, I don't think there is any mortgage on it. In that case, your brother-in-law can use a warranty deed and transfer the property to you. Once this is done, you need to record the deed at the county recorder's office. You can take the help of an attorney in order to fill out the form. The cost of property transfer may vary from one state to another.