Take over payments and this duplex is yours

Editor's note: Robert Bruss passed away on Sept. 26, 2007. This was one of the last real estate columns he wrote. Inman News is publishing Bob's last work as a final salute to the nation's most well-known real estate writer.

DEAR BOB: We bought a two-family duplex in November 1998. Now we would like to have my sister take over the balance on the existing mortgage. It is about $97,000. How do we do this? We don't know where to start. --Carmen S.

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