My father and my aunt inherited my granpparents' property. My aunt wants to sell and my father wants to keep it. My father is retired, on social security. Can we (his children) co-sign on a loan so that my father can buy out my aunt on this property?
If you have a lender, certainly. It depends on how much is being borrowed, the current value of the property, the collateral for the loan, the borrower's qualifications, etc.
BankingQuestions.com is a free service made possible by the generous support of our advertisers. Advertisers are not responsible for site content. Please help us keep BankingQuestions.com FREE by supporting our advertisers. When you see an ad for a product or service you may have an interest in, click through to learn more.