Buying & Selling Real Estate
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated over 2 years ago,
Joint heir death in the middle of a sale.
Scheduled to close on a SFH on June 6th. Everything is done, title, survey, financing approval, etc. Just this week title co. is submitting title to county office, really just the last stretch. Sellers are 3 joint heirs/siblings, and we are approved for conventional financing. One passed at the start of the deal, resulting in a delay to get the death cert., surviving heirs sign contract, etc. All that was done, but closing was extended for two more weeks. Unfortunately another heir just passed, survived by hubby and a 15yo. We are giving them space but the overseer told me that they are prepared to pursue the death cert. fast as they can. That said, my RE agent said he will talk to title co. to see if we can close, and have the deceased's portion held in escrow for the family to sort out amongst themselves at their convenience, that way we can keep the next week close. Any other ideas that can help the deal continue?