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We got an irresistible offer from my mother in law

My mother in law has been offering her house to my husband at a very huge discount. This is where my husband grew up and is worth 3 to 5 times the price that we are getting at $50k. Estimates are in the $280k given its current condition. I told my mother in law that the home is worth far more than $50k but she insists that she wants to sell at that price. The home is in New Jersey and we would like to close the deal soon. How do we move forward? We want everything in writing so that no one can make a claim later on that what we agreed upon wasn’t what was intended. by calin655 from Atlantic City, New Jersey. Apr 6th 2022 Reply


John Burke (jburke)
#27 ranked lender in Texas - 321 contributions

Have a real estate attorney draw up a purchase contract.| John Burke | Senior Mortgage Banker | Lending in ALL 50 states |Stride Bank | jburke@stridebank.com | (877)228-9069 | NMLS# 787231 |

Apr 7th 2022
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