Fix and Flip deal with leins
Hello all, so I have a property under contract that I was planning to fix and flip and was expecting around a $50,000 profit but have now hit a bump in the road. So the seller and his sister who have ownership of the house have signed off to sell the property to me. Well the title company called me and said there is another brother and sister who are part owners as well. I contacted the seller who told me he didn't know they had ownership of the house and they don't keep in touch. He contacted them and they also agreed to sign off and sell but the title company is now telling me the second sister filed for bankruptcy and the brother owes $105,000 in taxes. I asked if they could give up ownership to the property but was told by the title company that was not an option. Has anybody experienced this?