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cj903kia
Jul 23, 2008, 10:34 AM
My parents want to transfer a home title to me. The home is paid for. There are no liens. What are the steps we should take? We live in Michigan.

rockinmommy
Jul 23, 2008, 10:55 AM
Personally, to do something like this, I'd go through a title company or a real estate attorney. The attorney can explain all of the various tax implications and other possible scenarios that may arise. If you've already covered all of those bases, then a title company can prepare and file all of the correct documents to be sure everything is done correctly.