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Updated almost 7 years ago,

User Stats

452
Posts
10
Votes
Michael Dunn
  • Olive Branch, MS
10
Votes |
452
Posts

​Tax Lien / Probate and Statue of Limitation questions ........

Michael Dunn
  • Olive Branch, MS
Posted

I need some help regarding the following questions please:

1. The Lien goes away in March ( which will be the 10 year Probation period of the Lien )

What about the Probate afterwards .............. Will the Lien be " Lifted " in the ( Books ) the day after the 10 year period/day has passed ? How long does it usually take for the city/state to record this in their books/archives ?
2. There is also a second Lien on the property ( a Nursing Home ) lien Who would I need to talk to , regarding what the exact amount that is owed , as well as , who to ask on if they would settle for taking 1/2 or even a 1/3 of the amount that is owed ? It has been 2 years since the Lien has been active / Not paid ........... So would they maybe " wipe clean " this Lien , and therefore nothing is now owed on it ?
3. As of last year back in 2017 , the Heir ( Executor ) , his sister was told that she had to also sign the Contract to sell the Property . But as of 1 week ago when I talked to the Executor , who told me that his sister no longer was obligated to sign the contract , to sell/transfer the property over to me . How can I Confirm that she does NOT have to sign any part of the Will ? Is this something that my Attorney can " Easily " find out ? I ask this , because he told me ( as well as her attorney told her ) that due to our State's Law , that she had to sign , in order to transfer and sell the property But as of last week, they are telling me that she no longer has to ................. Once this 10 year probate period has ended ( in March ) this NO MATTER WHAT should free her from having to sign / any liability to the property ?
  4. Is there anyway to avoid and or to get the Process going right NOW via the Probate period , instead of having to wait until after the 10 year lien period is up in March ? I have heard that it can take up to 1 - 4 months before it gets recorded , and therefore , before you can actually purchase the property ??
Thanks so much for everyone's help and insight , I really appreciate it - Michael