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Updated about 6 years ago,
Do I need a Deed or POA
Hi BP, I found a property thats supposed to be foreclosed on next month due to behind taxes...I reached out to the owners basically the owner is deceased and didnt leave a will no wife or kids...only a brother and a sister alife...talked to the sister and got her under contract she promised to get her brother to sign also.
For some reason the sister doesnt want the brother to be involved in the closing sounds weired but she said they dont go along with each other basically there is a reason she is hiding from me anyways she said she can get him to sign her a power of attorney or a deed transfering his share to her and she can do the signing from that point on.
Talked to the title company they said the underwriter wont accept POA or a quit claim deed in this case dont know why! Besides all of that there will be a need of affidavit of heirship.
This is my first time dealing with such situation were heirs involved...any guidline to follow when doing the affidavit of heirship? Is that common thing for title company to refuse POA or a deed? What if things didnt work out at title can I get them both to sign general warranty deed to me and I record it...I know I will be responsible for all liens but how can I make sure that no other heirs are the sister is not telling me about? Will the affidavit of heirship help to protect me if I missed one of the heirs.
I know lots of questions here but hoping to find some answers.
Thank you in advance