I doubt you will be able to get a loan. Lenders seem to ask for tax returns so they can SEE you really have income.
If you have non-taxable income you could show that and not have it counted against you.
If it was me, I would pay my taxes first.
Then I would have mom buy it with you also on the deed. Make the deed so that if one of you dies the other gains complete title. That way you do not have to pay any inheritance taxes or probate problems. You need a lawyer to tell you how to set this up and to set it up for you.... more
The appraisals are based on homes sold in your area usually within a 1 mile radius of where your home is. If you used a real estate agent she/he should have had comps for the appraiser based on what the selling price was, the same style home or one close to it, same square footage as well as rooms, bedrooms, baths, basement, and so forth. You would need to get another appraiser to apparise your house. Be sure to have comps(sold) to back your arguement.... more