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Updated over 9 years ago on . Most recent reply

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32
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Tyler S.
  • Rental Property Investor
  • Tarpon Springs, FL
22
Votes |
32
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How to acquire a property abandonded by the Estate's Trustee

Tyler S.
  • Rental Property Investor
  • Tarpon Springs, FL
Posted

There is a property near where I live that is currently vacant and in really rough shape.  I researched the owner and discovered he had died and this property was part of his estate.  I read the court documents and discovered that the trustee for the estate received a court judgement to allow her to abandon the property.

I see that the taxes are current and paid by Chase bank.  I cannot find an address or contact info for the trustee because she has a very common name.  

I do not see any mortgages recorded against the property but did find local code enforcement liens.

How would I go about getting my hands on this property if the estate has legally abandoned it? The property is located in Florida.

Most Popular Reply

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3,866
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Rick H.#4 Marketing Your Property Contributor
  • Lender
  • Greater LA/Orange County area, CA
3,548
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3,866
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Rick H.#4 Marketing Your Property Contributor
  • Lender
  • Greater LA/Orange County area, CA
Replied

Is there any equity?

What your preferred play?

If this is a probate estate, the person in charge is called either executor or administrator. Trustee (or successor trustee) is typically a term associated with a trust that owns real property. You'd better get this part clarified before trying to proceed any further, lest you come across as a time waster to the people that you wish to (positively) influence.

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