BEST ANSWER
FIRST ANSWER
Contact the title company that prepared title for your mom's property, this will save you some money on the search, since they will have most of the info on file already. Your mom can negotiate a fee with the title company (they probably have a set fee for this type of transaction) to prepare title, and a quick-claim deed. The gifting, in lue of an exchange of proceeds you should check with a qualified tax adviser, on the guidelines and benefits of gifting and or 1031 Exchange, and how these may apply to your situation. We also have new laws in effect for first time home buyers. Congrats & GOOD LUCK!
Thu Jul 31 2008, 16:45