purchasing an inherited property

[Ann B.]

Next week we will be meeting with the out-of-state heirs on a house. Since the house is in our neighborhood, we know it’s been vacant for a few years and the exterior shows some signs of deferred maintenance i.e. falling roof gutter. We know the deceased has owned the house since at least 2000, there are two years of unpaid taxes, and the heirs are working with a local attorney. We don’t know yet about the interior conditions and if there is a will. Our questions for the BP Community – How can we buy the house from the heirs before it’s listed for sale with the court (and thus public information)? Can we offer to pay the debts owned and purchase with seller-financing? Do you have other suggestions on working with the heirs and/or the probate process?