What is the name of your state?Maryland. My wife and I are purchasing my grandmothers home. There is no lien on the property. My lender has recommended we have our name added to the title, then have my wife and i get a cash out refinance loan, hand that check over to my grandmother and at that point have her name taken off the title. Are there any issues with this transaction that we or my grandmother should be concerned with? Tax implications, etc. ?