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Updated over 7 years ago on . Most recent reply

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96
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Steve Boianelli
  • Medford, NJ
34
Votes |
96
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Partner bought a house cash with a bad title

Steve Boianelli
  • Medford, NJ
Posted

A partner that I worked with in the past purchased a house with cash. Now he shared with me that the title isn't clean. Is this typical? Would it be wise to do a title search before paying cash for a property? If you buy the house with cash then find that the title isn't clean what can you do? What cause a bad title?

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3,413
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Charlie MacPherson
  • China, ME
4,013
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3,413
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Charlie MacPherson
  • China, ME
Replied

Just to add to the misery...

We just found out that neither Dad nor Mom were ever probated.

3 of the original 9 siblings have since passed, we believe at this point, intestate.  Those three siblings have three kids each.

There are now Dad, Mom and 3 deceased siblings, all needing to go through probate.

There are now 15 surviving heirs who need to agree to the sale.

Still wonder if you should have a competent attorney or title company do a title search?

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