Hi Im new here and I have a question,
I currently own a house with my brother and sister (given in a estate), I dont own any other property. I would really like to buy out my sister and brothers thirds of the house. And was wondering how I can go about it??? As I said Im new to all this. The house is worth probably $140000 (tasmania and needs work) so Id like to buy them both out and have a little extra to do some work to it……..I just have no idea how to go about it. Hopefully someone can help thanks.
You just need to approach it like a new purchase. Just speak to a solicitor who can arrange the legal paperwork, transfers etc. And also speak to your mortgage broker about if you could qualify for finance on your own.
Terryw
Discover Home Loans
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First thing I would do is talk to your brother and sister and see what they want. Then sit down with that information and work out if it suits you. Remember its your brother and sister.
Then if you are interested talk to your solicitor and finance provider.All the best
[cigar]
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