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- 116 Answers
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Experience:
Realtor for Padgett-Young Real Estate, Inc.
June 1987—present
Recruited by the Broker/Owner of this small locally owned brokerage as a Sales Agent.…
Recruited by the Broker/Owner of this small locally owned brokerage as a Sales Agent.…
Realtor for Smythe Cramer Company
June 1986—June 1987
Smythe Cramer purchased Bruce Block Agency
... show more
Smythe Cramer purchased Bruce Block Agency
Specialties:
Working with buyers and sellers
Residential ... show more
Residential ... show more
Certifications
& Awards:
& Awards:
Company Top Producer
MCBOR 25 Years of Service ... show more
MCBOR 25 Years of Service ... show more
Interests:
While I enjoy meeting new people and assisting them with their real estate needs,
... show more
About:
Licensed Realtor in Medina County since 1983
Member NOEHREX MLS, NAR, OAR and Medina County Board of Realtors ... show more
Member NOEHREX MLS, NAR, OAR and Medina County Board of Realtors ... show more
Testimonials:
"Thanks, not only for the big things, but also for the thirty-two million little things. You didn't know I kept track, did you?
There were probably ... show more
There were probably ... show more
Linda Remington answered:
Hi Fergusonweb
As has been answered below, the best course of action is to speak to a local attorney. I would seek out one that specializes in Real Estate Law or Estate Planning. They will be able to assist you in preparing the note and mortgage that will meet all local and federal regulations to accomplish what you are seeking to accomplish. You might also want to consult an accountant for any tax planning consequences for either you or your son and daughter in law. It's always better to plan ahead than be surprised by a consequence that was not forseen when doing wonderful things even with your own money :)
As has been answered below, the best course of action is to speak to a local attorney. I would seek out one that specializes in Real Estate Law or Estate Planning. They will be able to assist you in preparing the note and mortgage that will meet all local and federal regulations to accomplish what you are seeking to accomplish. You might also want to consult an accountant for any tax planning consequences for either you or your son and daughter in law. It's always better to plan ahead than be surprised by a consequence that was not forseen when doing wonderful things even with your own money :)
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