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Updated over 6 years ago on . Most recent reply

User Stats

24
Posts
1
Votes
Jeff Hunter
  • Rental Property Investor
  • Jacksonville, FL
1
Votes |
24
Posts

Newly purchased Jacksonville home stuck in probate.

Jeff Hunter
  • Rental Property Investor
  • Jacksonville, FL
Posted

Hi, we just bought our 2nd investment home in Jax. Paid cash in Nov 2017 for a 10 day close. Seller agreed and signed the paperwork. 10 days later...probate issues.

I assumed it would sail through escrow and booked a flight out there. Had a  steep discount ticket I had to use anyway. House and location is every bit as nice as expected. We want to keep it, just getting impatient. I did find out the same lady owned the house next door and it sold in Sept but was in a trust.

How long does take? Any way to speed it up? Is my interest really safe?

Thanks in advance,

Jeff

Most Popular Reply

User Stats

511
Posts
220
Votes
Robert Rayford
  • Investor
  • Las Vegas. Jacksonville, Bay Area Ca, Nv, Ca, Fl
220
Votes |
511
Posts
Robert Rayford
  • Investor
  • Las Vegas. Jacksonville, Bay Area Ca, Nv, Ca, Fl
Replied

@Siye Baker, I use all 3 plus other pipelines. I remember starting out I had to search for the deals. Now I get over 100 or so properties sent to me every day or so. I still spend about 3-5hrs a day searching and getting to know my markets.  

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