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Updated over 1 year ago,

User Stats

361
Posts
108
Votes
Jacopo Iasiello
  • Investor
  • Miami Beach, FL
108
Votes |
361
Posts

Probate +Pre Foreclosure

Jacopo Iasiello
  • Investor
  • Miami Beach, FL
Posted

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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