Skip to content
Buying & Selling Real Estate

User Stats

56
Posts
12
Votes
Swat Khan
  • Multi-family Investor
  • Southern, CA
12
Votes |
56
Posts

Options? 44-unit NOT in PROBATE yet

Swat Khan
  • Multi-family Investor
  • Southern, CA
Posted Sep 9 2014, 16:17

Summary:

1. Owner of record is 80+ years old with dementia, out of state in California

2. i am communicating with conservatorship who lives in California and wants nothing to do with property. He is the trustee of the trust

3. 3 heirs on property

4. Currently not in probate. 

Question: What is the quickest way to close? Can i just do an affidavit of heirship then purchase cash or lease purchase? Any other ideas or questions I should ask?

Asset: C-Class 44 unit apartment at 60% market value. Texas. Currently owner of record is 80 yr old owner, not in a trust.

Loading replies...