- March 17, 2008 at 10:40 pm #256818
I’ve thought about something like this. The thing is that I already have liens on the house, and I don’t know how I’d get them off in order to “sell” the house to my sister. Neither lawyer I’ve seen has mentioned this is possible, other than actually paying the debt that created the lien.
wrote: Dan, If I remember correctly you mentioned your sister could help you witha loan…couldshe purchase your
house instead? If you could get the liens off the house, she might be able to secure your home by purchasing it on paper. Don’t know the particulars of how it would work (or if it would work in yourcircumstances) but a friend of mine bought/took over her brother’s house to keep him from losing it- it’s in her name until he can get a job and “buy” it back from her, but he’s still living in it for now. Just a thought- Lisa G.
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