re: #212 NJDhockeyfan

Ok lizards, i need some advise.

I just hit a major hurdle on the sale of my house. We are selling the house including a small plot of land owned by my sis in law. Since that land is in her name the bank says they will not close that loan. I’m sure the buyers are pissed right now. I’m fucking worried. I am in the process of buying a house in Tennessee. The appraiser added that property in the appraisal. I would think if this was going to be a huge problem that my RE agent would have seen this at the beginning. Also the appraiser should have known this.

The only option I can think of is to have the appraisal redone without that extra property and sell the house for whatever it goes down to. Am I right?

Wouldn’t it work if your sister quit claimed the land to you? Then it would be in your name and you could sell it with the house.