Asked by Sharon O, Palatine, IL • Tue Mar 8, 2011
There is currently a mortgage on the home in my brother's name. We need to get a title change and refinance it in my name. I have never owned property and have no idea how to go about this. Do I consult a real estate attorney in IL for the sale and then find a lender in IL? I've hired a property management company to get it rented and have consulted with the property insurer about the insurance requirements. I don't know how to transfer title to just myself and get financing.
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