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  1. C

    Take over mortgage from parents

    All of this was started by the dad. He wants to ensure that they will have a place to live, hence securing the property by allowing us to pay off the mortgage. He wants to transfer the title to son and daughter to prevent the mum from borrowing against the house as she has already done this once...
  2. C

    Take over mortgage from parents

    The mum refuses to disclose the full amount, but it is estimated to be approximately $30k. If we want to help her with the mortgage we obviously need to know her full financial situation. If she refuses to tell us, how would we get her to disclose it? Through a lawyer?
  3. C

    Take over mortgage from parents

    So this is the saga and I would like to know all options that an accountant or lawyer might not think of. My husband's parents have a property that has a base value of $500K. The property has been remortgaged and there is currently approximately $70K remaining. Due to the mum having credit...
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