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Updated almost 4 years ago on . Most recent reply

User Stats

33
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36
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Gregory Washington
  • San lorenzo, CA
36
Votes |
33
Posts

Looking to buy out siblings in a probate situation

Gregory Washington
  • San lorenzo, CA
Posted

My mom passed in January. I am looking for a lender who can help me buy out my siblings. We will get roughly 65k each but the banks and underwriters are in the way! Any suggestions? 

Most Popular Reply

User Stats

189
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132
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David Bilandzija
  • Lender
  • Venice, CA
132
Votes |
189
Posts
David Bilandzija
  • Lender
  • Venice, CA
Replied

@Gregory Washington 

Depending on the equity involved, a cash out refinance loan could be structured with a change in vesting to reflect your name only.  The cash out proceeds could be used to buy out your siblings leaving you alone on title.  

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