Posted on: 08th Apr, 2013 01:35 am
My grand father passed away few years ago… He left the house to his brother who has been maintaining it well. Now he can’t afford any more and wants to get rid of it. I’m interested and he asked me to just take it. My question is what do I do now? Do I go to court and just say I'll take it? Would it be considered a gift?
If the property is free and clear, then you can ask the present owner to sign a warranty deed and transfer the property to you. You will then have to notarize and record the deed at the county recorder's office and complete the process.
Hi Sassyy!
Welcome to the forums!
You should go for a title search and check out if there are any liens on the property. If not then you can go ahead with the deal. If there is any kind of lien on the property, then you can ask the present owner to clear off the liens and then transfer the property to you.
Feel free to ask if you've further queries.
Sussane
Welcome to the forums!
You should go for a title search and check out if there are any liens on the property. If not then you can go ahead with the deal. If there is any kind of lien on the property, then you can ask the present owner to clear off the liens and then transfer the property to you.
Feel free to ask if you've further queries.
Sussane
If its for free then it'll be considered as a gift and if its not, then you'll have to purchase the same.