Find Your Next Real Estate Deal

What is an Intrafamily Transfer and Dissolution? (And How to Find One)

Jerry Norton

Aug 8, 2024

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When you’re looking for real estate leads, you may be considering several lead types, including:

Have you considered intrafamily transfers? 

Intrafamily transfers may be willing to sell much faster than other lead types. Plus, because finding these properties can be difficult, there's often little to no competition.

You just have to know how to find them, which is exactly what we'll break down in this article.

Let’s get started!

What is Intrafamily Transfer & Dissolution? 

An intrafamily transfer happens when a home is transferred between two members of the same family. 

On one hand, this may be to keep a vacation home or a property with sentimental value in a family’s hands.

On a different hand, an intrafamily transfer may also happen because of inheritance or divorce, and it may result in an unwanted property. 

So how does dissolution come into play?

Dissolution is the actual process of ending the ownership or partnership of multiple parties in a property. It typically occurs when joint owners — such as family members — or partners decide to terminate their ownership in the property. 

Basic Steps Involved in Intrafamily Transfer

What are the general steps involved for an intrafamily transfer? These include:

  1. Evaluation and planning: The first step in intrafamily transfer is to assess the property's value and determine the transfer strategy.
  2. Legal documentation: Once the transfer plan is in place, legal documentation must be prepared, such as a draft or deed, to transfer ownership from the current owner to the intended family member.
  3. Property transfer: After the legal documentation is prepared, the property transfer, which includes updating the property title, can take place.

How to Find IntraFamily Transfers

While you can talk with local wholesalers or real estate attorneys who may have a pulse on the most recent intrafamily transfers, and the owners looking to put the house up for sale, you can use Propwire.

With Propwire, finding an Intrafamily transfer is as easy as the click of a button.

Simply enter your target market, and choose the lead type "Intrafamily Transfer" from the menu.

After that, you'll see a list of all the properties in the given area that meet the criteria.

Once you find a property you're interested in, you can skip trace to find and contact the owner of the property to begin negotiations.

The Bottom Line: Intrafamily Transfer and Dissolution

There you have it: intrafamily transfers.

If you haven't already added them to your real estate lead strategy, you should.

They can be a ripe opportunity for a below market deal with little to no competition.