Partner bought a house cash with a bad title
A partner that I worked with in the past purchased a house with cash. Now he shared with me that the title isn't clean. Is this typical? Would it be wise to do a title search before paying cash for a property? If you buy the house with cash then find that the title isn't clean what can you do? What cause a bad title?
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Just to add to the misery...
We just found out that neither Dad nor Mom were ever probated.
3 of the original 9 siblings have since passed, we believe at this point, intestate. Those three siblings have three kids each.
There are now Dad, Mom and 3 deceased siblings, all needing to go through probate.
There are now 15 surviving heirs who need to agree to the sale.
Still wonder if you should have a competent attorney or title company do a title search?