[WSBARP] Family Financing

[Mark Anderson]

Dear Colleagues:
Client owns 40 acres of vacant real property.  Client's daughter (D) and her boyfriend (B) want to purchase a mobile home and place it on the property.  Client is okay with this.  However, to get financing for the mobile home, prospective lender requires that both D and B be on title to the property (D cannot get financing on her own).
Client is understandably reluctant to bring B onto title.  And Client does not want to cosign for the loan.
Any suggestions as to how to proceed?
Thanks.
Mark B. Anderson
ANDERSON LAW FIRM PLLC
821 Dock St  Ste 209  PMB 4-12
Tacoma, Washington 98402
+1 253-327-1750
+1 253-327-1751 (fax)
marka at mbaesq.com<mailto:marka at mbaesq.com>
www.mbaesq.com<http://www.mbaesq.com/>
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