QUOTE(penang23 @ May 21 2022, 02:04 PM)
My father (deceased) left a house with a join name of my mother & my brother and me
This is an old house which loan already settle 10 years ago. My brother and my mum need some cash urgently.
- My brother agreed to sell his 1/3 to me amount to 150k &
- My mother agreed to sell her 1/3 to me amount to 150k
Questions:
1) I don't wish to borrow loan but to pay off 300k cash to them. How should I proceed?
2) Do i need to engage with any lawyer to state clearly the pay off of this 300k amount ?
3) What are the fees need to take into consideration with this scenario?
Thanks !
Yes you need a lawyer. You can't do the transfer without a lawyer.This is an old house which loan already settle 10 years ago. My brother and my mum need some cash urgently.
- My brother agreed to sell his 1/3 to me amount to 150k &
- My mother agreed to sell her 1/3 to me amount to 150k
Questions:
1) I don't wish to borrow loan but to pay off 300k cash to them. How should I proceed?
2) Do i need to engage with any lawyer to state clearly the pay off of this 300k amount ?
3) What are the fees need to take into consideration with this scenario?
Thanks !
So, everything else your lawyer will answer.
Keep it simple.