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How can a family member buy the house after the single home owner dies?
Wiki User
∙ 12y ago
The decedent's estate must be probated and the buyer can arrange to purchase the property from the estate administrator.
The decedent's estate must be probated and the buyer can arrange to purchase the property from the estate administrator.
The decedent's estate must be probated and the buyer can arrange to purchase the property from the estate administrator.
The decedent's estate must be probated and the buyer can arrange to purchase the property from the estate administrator.
Wiki User
∙ 12y ago
Wiki User
∙ 12y agoThe decedent's estate must be probated and the buyer can arrange to purchase the property from the estate administrator.
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How do I sell a house when the other owner does not want to?
What is your motivation to sell the owner's home? What is your relationship to the seller? Are you a family member or a licensed real estate agent?
What do you call a person who owns your house?
It totally depends on the reason you are entitled to stay in the house. If it is because you own the house, the owner is you. If it is because the house is owned by a relative, and you are living there as part of the family, you call the owner father, mother, grandma or otherwise as the case may be. If you are not a member of the family and yet are not paying any money to stay there (as an exchange student might for example), you call the owner your host. If you are employed as a live-in house servant of some kind, you would call the owner "Boss" if he or she is your employer. Otherwise you probably have no contact with the owner. Only in the case where you are entitled to stay in the house as a result of a lease from the owner would you call the owner Landlord.
Who signs w-9 when it is an llc?
The Business Owner if single-member llc, Accountant.
What is the difference between condominium and single family house?
Condominium real estate ownership is a particular form of ownership: every 'unit' owner owns a unit and also owns the remainder of the 'community' property in common with all other owners. A 'unit' can be an apartment, a retail space, or a stand-alone building. It can be a boat slip, a warehouse unit and so forth. It can also be a single family home. 'Community' assets can be a high-rise building and its land, a series of multi-family buildings and the land upon which those buildings sit, a collection of amenities, such as a club house, a pool, a golf-course, or the land upon which a single-family home sits. Otherwise, a single family home is owned by an owner, who also owns the land upon which the house sits. The owner's name is the only name on the title in addition to whatever mortgage lender is involved, if any.
What does it mean to rent a house?
The owner of a house lets you (and your family) live there in exchange for an agreed upon monthly rent (while the owner lives elsewhere).
Who is the first member on sploder?
The first member was the owner, Geoff. The first member other than the owner was Maxliam.
Who do you contact about selling a room full of toys and action figures left by a deceased family member?
a thrift store owner
What could you be charged with if you take a credit card out of a purse in your house and use it?
If you were legally present in the house, and took the card without the owner's permission, you would likely face a charge or larceny or theft dependent upon the exact wording of state law in the jurisdiction where the action occured.Additional: If the card belonged to a member of your family, theoretically the family member could have you charged with theft but let's face reality . . . they probably won't. However, they would be responsible for the debt. What this might to your family relationship situation . . . you would have to live with.
Would it be useful to perform an income analysis of a single family dwelling that is owner-occupied Why or why not?
There are four useful analysis that perform from a single family that are owners. The four analysis are credit reports, income, collateral and automated underwriting.
Can you quit claim a house to a family member to get financing?
Yes. Just remember that the person to whom you transfer the property will be the new legal owner and will be completely responsible for paying the mortgage. It is an extremely risky move for both of you. The new owner may not ever give it back to you. You may stop paying the mortgage and the new owner will have to pay. It is a sure recipe for trouble in most cases.
How do you give land to a friend or family member?
The ownership of an interest in land can be transferred to a friend or specific family member during the lifetime of the owner by a deed or upon death of the owner by a will. The use of the land but not true ownership may be given by putting the land in trust for that person's use, but the same two methods, deed or will, must be used to do so.
Can a step father force adult child to move from family home?
It's the owner of the house that has to decide that. If the owner or the person on the contract says he has to go he has to go. He is an adult.
