Tag: and how to navigate gifts of equity. Perfect for first-time buyers interested in acquiring a property from relatives.

Your grandma is selling her paid-off home. Perhaps your grandparents have moved into a retirement home and you’d like to buy their home. Or perhaps your grandparents have passed on, and you are purchasing the home from a grandparent’s estate. Very often, an estate sells a home to young relatives of homeowners who’ve passed away.…