LIFamilies.com - Long Island, NY


RSS
Articles Business Directory Blog Real Estate Community Forum Shop My Family Contests

Log In Chat Index Search Rules Lingo Create Account

Quick navigation:   

Buying a house from family...what are the steps without a realtor's help?

Posted By Message

AngelaD1031
LIF Infant

Member since 11/09

219 total posts

Name:
Angela

Buying a house from family...what are the steps without a realtor's help?

We're buying my FIL's house and I know what needs to be done but I don't really have a clue to how the order should go. We've been preapproved for a loan so I know that we can afford this house and we have an engineer coming on Tuesday to inspect the house. Should an appraisal come next? How do we set up a closing without a realtor? Do I hire an attorney and then that person gets everything together as far as the title person and all that? I'm super clueless. Could someone please shed some light on this for me please?

Posted 3/27/10 8:26 AM
 
Prudential Douglas Elliman Real Estate
Long Island's Largest Bridal Resource
  |   Long Island Weddings

CAMCaps
Live Laugh Love Run

Member since 6/07

4922 total posts

Name:

Re: Buying a house from family...what are the steps without a realtor's help?

Definitely contact a RE Attorney. They can help you through the process.

Posted 3/27/10 8:33 AM
 

Mommy2Boys
My Boys!!!!

Member since 6/06

14437 total posts

Name:
C

Re: Buying a house from family...what are the steps without a realtor's help?

Posted by CAMCaps

Definitely contact a RE Attorney. They can help you through the process.



I agree.

Posted 3/27/10 8:36 AM
 

Beth
The Key to your new home....

Member since 2/06

24849 total posts

Name:
Beth

Re: Buying a house from family...what are the steps without a realtor's help?

You need a real estate attorney- there is nothing a realtor could do to help

Good luck

Posted 3/27/10 9:55 AM
 

Deeluvsvinny
DONE

Member since 10/08

4952 total posts

Name:
Whatever

Re: Buying a house from family...what are the steps without a realtor's help?

contact a real estate attorney and they will draw up a contract for you. then you can start your loan process adn the lender will get the appraisal done. the attorney will be able to go through the entire process with you.

Posted 3/27/10 1:17 PM
 
 

Potentially Related Topics:

Topic Posted By Started Replies Forum
Can anyone give me a brief overview of the steps to buying a house? beautyq115 1/16/07 2 Home
? about family buying our condo and xferring the mortgage,deed, etc DanaRenee 1/20/08 0 Home
Buying a house & changing jobs checka 7/24/05 5 Home
this was the house Danielle and I were looking into buying danielleandscott 6/15/05 10 Home
Buying a house while renting with a lease checka 5/31/05 7 Home
what is the house buying process? raken40 5/24/05 2 Home
 
Quick navigation:   
Currently 889889 users on the LIFamilies.com Chat
New Businesses
1 More Rep
Carleton Hall of East Islip
J&A Building Services
LaraMae Health Coaching
Sonic Wellness
Julbaby Photography LLC
Ideal Uniforms
Teresa Geraghty Photography
Camelot Dream Homes
Long Island Wedding Boutique
MB Febus- Rodan & Fields
Camp Harbor
Market America-Shop.com
ACM Basement Waterproofing
Travel Tom

      Follow LIWeddings on Facebook

      Follow LIFamilies on Twitter
Long Island Bridal Shows