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 ...
Unlike a traditional home purchase, buying from a relative is a non-arm’s length transaction, meaning the buyer and seller have a pre-existing relationship. As such, it may receive additional scrutiny ...
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 ...