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Roger Belton
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New construction - home building

Roger Belton
Posted

My sister purchased a new home that is under construction. Both of us want me to take it over. Ideas?

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Juan V Lopez
  • Investor
  • Las Vegas, NV
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Juan V Lopez
  • Investor
  • Las Vegas, NV
Replied

Hey Roger, I'm assuming your sister has not closed escrow since you said the home is still under construction. Have you contacted the builder to let them know you want to assume ownership of the home? If not, I'd start there.

There's not really a way to finagle your way into owning the home since it's currently being built. Everything needs to go through the builder.

Now, if she closes it AND THEN you want to want to take it over from her, then you can get creative (seller financing, quitclaim deed, etc).