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Updated over 7 years ago on . Most recent reply
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Seller is leaving everything in the home
Hi everyone!! I'm under contract to purchase a single family home for a fix and flip. To make a long story short, mom moved out of town, left the home to the son, son trashed it, left the house loaded with junk, and moved out. In the garage is a truck that's been sitting up at least a year. Decent truck, but not great. It's loaded with spiders, spider webs, and such. Despite the current condition of this truck, it's just nice enough to have a note that's not been paid, and a possible lien. In the contract, whatever is left after closing will be mine. I don't mind having cleaning up this mess, but what happens if money is owed on this truck? Will it too become my debt? Help me out guys and gals.....
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@Hayward Bryant Jr look up abandoned vehicle laws in your area. In my area, you file it as abandoned, run an add in the paper, get a license to "sell" it from the court, sell it to yourself and it's yours. That is if you want it of course. If you don't want it, try calling one of those "we buy junk cars" people and make a few hundred off it. Not sure that they'll take it without a title though. You could always try telling the seller to give you the title.