theDIBB - View Single Post - Has anyone experience of buying a house that has been inherited by a family member?

Lisa123wm · 22 Apr 21, 12:57 PM

OP are your parents paying only the interest on the �150k mortgage that they took out, and this ends in 2 years?
If so, I�m guessing they do not have the �150k to clear the outstanding mortgage and therefore plan to sell it?
This is where you come in - to buy it at the �150k rather than them selling it?

Lots of questions, but that�s what I�m getting from reading through.

22 Apr 21, 12:57 PM	#19
	22 Apr 21, 12:57 PM Lisa123wm Imagineer
Lisa123wm Imagineer Join Date: Jan 08	OP are your parents paying only the interest on the �150k mortgage that they took out, and this ends in 2 years? If so, I�m guessing they do not have the �150k to clear the outstanding mortgage and therefore plan to sell it? This is where you come in - to buy it at the �150k rather than them selling it? Lots of questions, but that�s what I�m getting from reading through. __________________ Sept 93 - Orlando, California, Nevada Aug 94, Jul & Dec 03, Oct 04, Xmas 05, 06, 07 - DLP Dec 08/Jan 09 - Residence Inn Seaworld, Orlando Aug/Sept 09, Jan/Feb 10 - DLP, Aug 13 - NPBC DLP