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Acquisition inquiry

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1 Acquisition inquiry on Thu Nov 29, 2012 1:51 pm


Arresto Menor

I am seeking an expert advice on how to go through a property purchase.

My father purchased a property years ago, but due to financial difficulties, he has failed to pay the monthly ammortization.

We went to NHMFC and we were told that I could still buy the property, with me (his daughter) as the buyer. The setup I was told is to not shoulder the penalties anymore.

The question is.. Which would be of advantage, Deed of Sale or Deed of Donation?

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