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Updated about 4 years ago,

User Stats

182
Posts
51
Votes
Elise Hazzard
  • Property Manager
  • Saint Petersburg, FL
51
Votes |
182
Posts

1031 purchase dragging anchor

Elise Hazzard
  • Property Manager
  • Saint Petersburg, FL
Posted

We have been under contract for 5 months to 1031 into a property that unfortunately is also a probate property. During a pandemic probates were slow in the county where purchasing, but did not comprehend this could still be an issue at this late date. There are now foreclosure and tax deed sales occurring weekly now. The heirs appear to be cooperative and have made requested repairs after inspection.  The  realtor involved does not communicate well or often and only remarks that she can't get any information from the attorney involved when contacting them. 

Any suggestions appreciated re: what actions are in buyers power to get this contract to close in next 2 weeks.

Thanks BP