Posted on: 21st May, 2010 06:02 pm
My husband and I bought a house paid for in full. The house was put into our name. I would like to put the house into our only sons name where he can put it into homstead and pay the taxes. What forms do I need and can I do this myself. We do live in Texas if that is needed.
Hi lingar,
As the property is free and clear, you can use a warranty deed in order to transfer the property to your son. You can do this yourself but it is always better to take the help of a real estate attorney in this regard.
Thanks
As the property is free and clear, you can use a warranty deed in order to transfer the property to your son. You can do this yourself but it is always better to take the help of a real estate attorney in this regard.
Thanks
Thank you very much for ur reply. I will see if I can find such lawyer in my small town.
my dad is leaving me his house to continue with the mortgage still under his name and my mothers name, but i have poor credit or is it possible transf having poor credit? is there any other options i can take? can i continue paying the mortgage under their names? and not worry about IRS/taxes?