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Updated over 9 years ago on . Most recent reply

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Austin Faux
  • Real Estate Investor - Internet Marketing Professional
  • Denver, CO
41
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181
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Deal Still Under Deceased Name?

Austin Faux
  • Real Estate Investor - Internet Marketing Professional
  • Denver, CO
Posted

So FYI I'm still rather new-ish at all of this....lol.  So I got a deal under contract from a guy that lives  out of state.  His mom passed away a while ago, and he's been taking care of the property from afar.  I decided to call up a local real estate agent to get a better idea about the area, and the realtor told me the property is still under the Mom's name.  I have no idea how to double check if that's true or not, but I'm assuming my contract with the Son is now void?

I haven't taken the deal to a title company yet because I'm trying to wholesale it.  My plan was after I get the second contract I would then take it a title company.  Maybe that's the wrong way to do it?

Any ideas on how to get this done?  I would totally love any help.

Thanks!

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Ned Carey
  • Investor
  • Baltimore, MD
13,334
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Ned Carey
  • Investor
  • Baltimore, MD
ModeratorReplied

First you should learn how to  look up who the owner of a property is for yourself. This is a basic skill. There is probably an online site of property or tax records.

To do this deal an estate will have to be opened, unless one already was opened but I doubt it. It is just an extra step and an  attorney will help you do it. Just figure the extra cost into the deal. 

  • Ned Carey
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