- Joined
- Feb 25, 2009
- Messages
- 67
I would like to ask for some advice on this situation:
Grandparent had willed their home to their 3 daughters, and one of the daughter will like to buy out the other two, so she can pass on to her children who are in their early twenties. Due to the recent mortgage qualification stress test, it is very difficult for them to obtain the financing through normal bank qualification. This property is a condo in Vancouver, priced around $700k. All suggestions are welcome. Thank you!
Grandparent had willed their home to their 3 daughters, and one of the daughter will like to buy out the other two, so she can pass on to her children who are in their early twenties. Due to the recent mortgage qualification stress test, it is very difficult for them to obtain the financing through normal bank qualification. This property is a condo in Vancouver, priced around $700k. All suggestions are welcome. Thank you!