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Updated over 1 year ago on . Most recent reply
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Probate +Pre Foreclosure
Probate +Pre Foreclosure . We have the as-is purchase contract with the supposedly only heir of this property where we are doing the probate process, the problem is that the property has a lis pendens as of June 9 2023 from the association for the amount of $7636.65. In order for the property not to go into foreclosure the amount due must be paid which the heir does not have. We need to pay it and discount it from the purchase price at closing, my question for you is how can we protect ourselves in the case that the heir no longer wants to sell to us, how can we enforce it? by lending him money as a mortgage loan? this is the only property he will own once the probate has been processed, Is there a document that we can create giving me the right to place a lien on the property?
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Quote from @Account Closed:
Quote from @Jacopo Iasiello:
How can you have a sales contract with someone who is not legally able to sell the propertY? I'm a little confused.
In such cases, Florida law provides that the personal representative may sell the real property at public or private sale. Also, Florida Statutes §733.613, “no title shall pass until the court authorizes or confirms the sale.