Probate and Foreclosure Issues on SFR

[Doug Haisten]

I met with a lady that received one of my D4$ post cards. The lady wants to sell/get out from under the house but has 2 big problems. 1) The house belongs to her mother (widow) but the mother passed away two years ago. The house/will was never probated. Her sisters signed what was probably a Quit Claim Deed. The lady doesn't have a probate attorney 2) The lady (who does not live in the house) wants to sell the house. She believes the owner of the house has started foreclosure proceedings. She has not received any documentation to that effect but received a letter from an attorney offering his services to help her through the foreclosure. This appears to be a owner finance arrangement with the now deceased mother. According to the lady I was meeting with she has only missed 1 maybe 2 payments and believes the foreclosure will happen very soon. Any suggestions on what I need to do first?

Let me add the house comps for about $28K (size, age, Bd/ba, distance,) has a $10K balance (plus $800 in arrears) on the mortgage, and needs about $7K in repairs to get the house to minimal living status. The roof only has a few more years on it.