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Updated almost 10 years ago on . Most recent reply

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21
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Oscar Mejia
  • Excited Hard Working Investor
  • Hackensack , NJ
1
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21
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Probate court question

Oscar Mejia
  • Excited Hard Working Investor
  • Hackensack , NJ
Posted

I have a lead on a property in Orlando, Florida the owner died (no will) the family is getting the documents prepared to transfer title is there anything I can do to help move this sale along. Do they have to have the deed transferred over to them or can they sell it to me without going through that process.

Most Popular Reply

Account Closed
  • Investor
  • Central Valley, CA
3,729
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Account Closed
  • Investor
  • Central Valley, CA
Replied
Originally posted by @Curtis Yoder:

@Account Closed The current contract is with the widow so it is technically invalid. She is using my local RE attorney to guide her through probate and complete the sale at her cost. She has told me that she intends to sell me the property once probate is complete and I have no real reason to not trust her intentions. She was very thankful for my assistance on getting her on the right track. With that said, we have a handshake deal and I fully realize it legally means nothing. I don't intend on pressuring here to sign any further documents so that I can ensure I have contract rights. Sometimes I just trust that people will be good to their word, several have not been and I don't deal with them again.

I don't think it's pressuring anybody to make sure that proper documentation is signed.  IMO your attorney is doing both the seller and you a disservice by not making sure you have a binding legal purchase agreement.  It's one thing to trust the seller.  It's another to trust an attorney who doesn't do the basics.  Just saying.  

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