Legal Question in Real Estate Law in Alabama

You and your daughter would need to contact the bank. You could purchase the mortgage by loaning her the money to pay off the mortgage and having her sign a mortgage to you with the house as collateral for the loan...much as if the bank were to sell the mortgage to another company for servicing. I would strongly suggest that you use a lawyer for this in order that it can be properly recorded and the deeds are prepared in the proper manner to reflect the mortgage.