What is the easiest and least expensive way to transfer ownership of a home?

[ga_dawg]

I have a manufactured home and land combo in State of Georgia that I seller financed to my mother. According to previous mortgage company, it is considered real property, so mobile home title is null. My mother has now paid off the loan in full and I have received "Cancellation of Security Deed" letter from mortgage company. Without getting agents and attorneys involved, what's the best and least expensive route to take to transfer ownership(deed) of said property? We are both on fixed incomes. Or is a real estate attorney the only way to transfer deed.

 

[FlyingRon]

If the manufactured home really became attached to the land, then you would need to execute some sort of deed to transfer it to your mother. Probably most advantageous for you would be a quit claim deed. You prepare it and have it signed in front of a notary granting ownership of the land in question to your mother. You then will have to file it (small fee, somewhere in the vicinity of $12) and pay the transfer tax I'm not seeing an exemption for a sale to your mother (had it been a gift that would be another story).

Three ways this can be done:
1. You can go to a legal forms store or website and adapt a stock form to your situation, and you and mom hope you did everything right.
2. You pay a lawyer a small amount of money to draft and record it and be fairly assured that the transfer if nothing else is right.
3. Mom could go to a title company and have the deed prepared, have a title search done, and then buy owner's title insurance so she is protected just in case there is something that is lurking unseen.

Frankly, I'd go with #3. I wouldn't take a gift of land from my sainted aunt without owner's title insurance.

 

[PayrollHRGuy]

Yep #3

 

[LdiJ]

Yep #3

ditto

 

[adjusterjack]

Same here. #3.

However, there is one thing to check first. Make sure that the county recorder and/or assessor have a record of the MH being affixed permanently to the property. You might have to file that with the county first if it hasn't already been done.