Selling your home to a family member is called a controlled transaction, while selling your home on the open market is referred to as an arm’s length transaction. An arm’s length transaction is ...
Buying a house from a family member is a non-arm's-length transaction, meaning you have a relationship with the seller. A non-arm's-length transaction entails extra care when you apply for a home loan ...
Text Callout : Key Takeaways - Non-Arm's-Length Transaction: How to Buy a House From a Family Member Buying a house from a family member can make sense, especially if it saves you money or makes it ...
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