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Updated almost 10 years ago on . Most recent reply

Nick Watkins's profile image
Nick Watkins's profile image
Nick Watkins
  • Investor
  • from Jenison, MI
  • Member since Feb 13, 2016

User Stats

158
Posts
79
Votes
Nick Watkins's profile image
Nick Watkins's profile image
Nick Watkins
  • Investor
  • from Jenison, MI
  • Member since Feb 13, 2016
Nick Watkins
  • Investor
  • Jenison, MI
79
Votes |
158
Posts
Buying & Selling Real Estate

NEED HELP

Nick Watkins
  • Investor
  • Jenison, MI
Posted

My friends aunt passed away leaving the estate to his mother. The home is worth $70k and I believe $85k is owed on it. They have already found someone to buy land contract but full term of the loan. The bank is trying to force them to have the home moved into her name but also pay the 15k difference and then put 15% down because it is an investment property at that point. The big question is there a way to make this an easy process with 0 out of pocket? 

Thanks

Nick

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