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Sell off home to friend

Posted on: 23rd Sep, 2013 02:27 am
I have a home which has been paid for. All other dues are cleared. Will I be able to sell off the property to a friend of mine? I do not want to advertise it.
Hi John,

Yes, you can definitely sell off your property to your friend. It is not mandatory for you to advertise the property.

Thanks,

Jerry
Posted on: 23rd Sep, 2013 02:56 am
Hi John!

Welcome to the forums!

You can directly sell off the property to the friend. However, you should make sure that he qualifies for the mortgage or he will not be able to pay off the sale price to you in full.

Feel free to ask if you've further queries.

Sussane
Posted on: 23rd Sep, 2013 08:02 pm
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