All Forum Posts by: Ben Boru
Ben Boru has started 11 posts and replied 43 times.
Quote from @Marty Boardman:
I've done several Arizona probate deals and they are difficult to close. Here's what I had to do:
1. Get a death certificate
2. Get a probate attorney for the estate (plus pay the legal fees because the family members were all broke) and follow the legal steps required
3. Get all heirs to sign the petition
4. Get all heirs to sign the deed to you
It takes about 3-4 weeks IF everyone cooperates. That's the trickiest part of it. Good luck!
1. He has a death cert
2. The sibling that I'm dealing with says he is the legal executor of the estate (is that what it's called?) Does this help? He says this is why it is still in his dads name he didn't do anything about it.
3 & 4. He says this is possible
Quote from @Marty Boardman:
I've done several Arizona probate deals and they are difficult to close. Here's what I had to do:
1. Get a death certificate
2. Get a probate attorney for the estate (plus pay the legal fees because the family members were all broke) and follow the legal steps required
3. Get all heirs to sign the petition
4. Get all heirs to sign the deed to you
It takes about 3-4 weeks IF everyone cooperates. That's the trickiest part of it. Good luck!
Incredible information and clarity as usual Marty!
Quote from @Chad McMahan:
Quote from @Ben Boru:
So I met a guy who is being foreclosed on. The home is still in the name of his dad who died 10 years ago, he never changed it. How would I go about buying this house from him?
Thank you.
Hi Ben.
This sounds very messy. Is the opportunity so amazing it's worth trudging through it?
What is the time frame on the foreclosure? He never changed it? That's a toughie.
I like the house and location and want to help them out. It would be nice. Middle of May is the foreclosure auction date.
Quote from @Arturo Hernandez:
It get's recorded even before her notice of foreclosure. I'm more than sure the lender recorded a pre-foreclosure on the property. People buy these leads.
So I am meeting with a woman who had her home just get scheduled for foreclosure/auction a few days ago. She just got that notice.
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BUT she has gotten several mailers about buying her home starting when she first started missing mortgage payments almost a year ago. How do these investors find this information out???
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West Michigan area if that helps.
Met a guy who's house is still in his dead dads name. He has been dead many years. He wants to sell me the house. How do I help get it in nto hia name? It's in Michigan?
Thanks.
Quote from @Bob Reinhard:
Without legal transfer of title, the dad, or his "estate" owns the house. Title needs to be in the name of, or through someone who, can sell it.
Bob
This look about right?...
Quote from @Bob Reinhard:
If there was a will, probate is/was in order.
Without a will, absent any other names on the deed, a court proceeding will be necessary to determine who or how many now own the house based on heirship.
Much success
Bob
What kind of court proceeding and how do you set that up. How would the alive child living in the home not own the home by default barring any legal documents stating otherwise? Seems strange.
Quote from @Malcomb Stapel:
Quote from @Ben Boru:
So I met a guy who is being foreclosed on. The home is still in the name of his dad who died 10 years ago, he never changed it. How would I go about buying this house from him?
Thank you.
Depends on if it went to probate or was set up in trust, living will, etc. See what the kids says first, then you can always consult a RE lawyer and see how to get it deeded appropriately.
He is depressed and having a hard time remembering all the details. I'm not sure he would know this information.