Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
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 on . Most recent reply

User Stats

111
Posts
15
Votes
JayCinta Henry
  • Investor
  • Mesquite, TX
15
Votes |
111
Posts

Joint heir death in the middle of a sale.

JayCinta Henry
  • Investor
  • Mesquite, TX
Posted

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?

Loading replies...