Mar 5 2021, 05:00 PM
QUOTE(peachpeach @ Mar 5 2021, 04:57 PM)
Hi all,
My mom house was refinance under my sis in law name and the house outstanding is ard 15k only . Mom is the one paying the loan under SIL name .Now we want to clear the loan outstanding and do a transfer of ownership to me. How do we proceed from here using the cheapest way avoiding watever fees ?
Do i have to just pay the remaining outstanding at the bank and claim the ownership ?
Yes pay the outstanding.My mom house was refinance under my sis in law name and the house outstanding is ard 15k only . Mom is the one paying the loan under SIL name .Now we want to clear the loan outstanding and do a transfer of ownership to me. How do we proceed from here using the cheapest way avoiding watever fees ?
Do i have to just pay the remaining outstanding at the bank and claim the ownership ?
As for the transfer ownership, is the house under your mom's name or under your sis in law name?
If under mom's name will be cheaper.
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