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Updated over 3 years ago on . Most recent reply

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31
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11
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Luis Magnus
  • Texas
11
Votes |
31
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Under Contract no longer answering calls

Luis Magnus
  • Texas
Posted

Hello everybody, I am 2 steps away from closing my first deal, I have it under contract and everything but the title of the house is under a Living Trust, when I escrowed it at the title company they asked me if I could call the owner back to find out if he has a copy of the trust or a will. 

The house belonged to the guys grandmother who past away, during the appointment he claimed that he was the only beneficiary and that the house was his and he had been living in it for over 25 years. 

Long story short, He is no longer answering any calls, texts or E-mails. It has only been 2 days of calling him multiple times but there is absolutely no response at all, I am scared he is looking to back out or something and I don't know what to do, I even skip traced him but there is nothing I could find. 

I am seeking for advise or any solutions, maybe there is a way to search for a copy of the trust that I don't know about. PLEASE HELP!

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5,028
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Curt Davis
  • Flipper/Rehabber
  • Memphis, TN
2,573
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5,028
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Curt Davis
  • Flipper/Rehabber
  • Memphis, TN
Replied
Either he is truly busy, someone else has made him a better offer or he knows there are others entitled to the profits and is looking for another way to get all the money.  I hope your contract is solid and you might have to file a lien against the home so that he cant back out on you which will make it so he cant sell it out from under you.

Good luck
  • Curt Davis