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Updated almost 2 years ago on . Most recent reply

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Harry Shmelts
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Family member is offering to sell me home for $100k+ under market value

Harry Shmelts
Posted

I have a close family member who wants to move out of their home and offered to sell it to me for a major discount. I am wondering the best route to take on a situation like this. As far as paying the least fees since this is a person I know I 100% trust and home I know about (grew up in).

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Tanner Lewis
  • Lender
  • Austin, TX
441
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447
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Tanner Lewis
  • Lender
  • Austin, TX
Replied

I would also consider assuming their loan (if they have one) since interest rates have spiked and they likely got the home loan at a much lower rate than you can get today. 

  • Tanner Lewis
  • [email protected]
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