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Paying off the remaining balance of a relatives house to assume ownership? (KY)

Me and my girlfriend are looking to move out soon. My sister got a new job and me and her have been talking back and forth about me and my girlfriend paying them per month for their mortgage payment. However, my sister and her husband plans have changed and they are now wanting to sell their home and pocket $50-$70K and use that to buy a plot of land and use to start building a house.

My question is, if they owe $70K on the existing mortgage instead of putting it up for sale is there a legal way for me to pay the $70K to them to pay off the mortgage and assume ownership of the home?

submitted by /u/CapnsRedditAccout
[link] [comments]

source https://www.reddit.com/r/RealEstate/comments/jlub0i/paying_off_the_remaining_balance_of_a_relatives/
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