Cash Transaction Between Siblings
Hello everyone. What steps must siblings take if one sells a home to the other?
In this case, one sibling owns a home with no mortgage and will sell it to a second sibling for cash, with no bankers or realtors involved. The buyer should obtain title insurance, but is there anything else that should be done? Can the seller just sign the deed to the house (as with a car) and give it to buyer in exchange for a check, and that's it?