Want to sell the home to my son and daughter in law. What is the best way to accomplish this, and what fees are involved?

What type of mortgage do you have? Call/Text Brian 240-750-8315

The buyers will need to get with a lender and get pre approved.. Lending guidelines are different when it comes to "Non-Arm's" length transactions (NALT).. and depending on the loan product you go with the allowable Loan to Value will be lower.. If you are trying to get full retail value, then they have to qualify for a conventional loan.. if you are gifting them equity.. then FHA's maximum Loan to value is 85% for NALT loans. I'm a Broker here in Scottsdale AZ and I only lend in Arizona. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. William J. Acres, Lender411's number ONE lender in Arizona. 480-287-5714 WilliamAcres.com NMLS# 226347

The fees are standard, but with a non-jumbo loan a "gift of equity" is often the best option