Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. 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 10 years ago,

User Stats

56
Posts
12
Votes
Swat Khan
  • Multi-family Investor
  • Southern, CA
12
Votes |
56
Posts

Options? 44-unit NOT in PROBATE yet

Swat Khan
  • Multi-family Investor
  • Southern, CA
Posted

Summary:

1. Owner of record is 80+ years old with dementia, out of state in California

2. i am communicating with conservatorship who lives in California and wants nothing to do with property. He is the trustee of the trust

3. 3 heirs on property

4. Currently not in probate. 

Question: What is the quickest way to close? Can i just do an affidavit of heirship then purchase cash or lease purchase? Any other ideas or questions I should ask?

Asset: C-Class 44 unit apartment at 60% market value. Texas. Currently owner of record is 80 yr old owner, not in a trust.

Loading replies...