I’m a trustee on a property I want to buy.

[Kim Barnes]

My father purchased a property on 2004 but passed away over 10 years ago leaving the property in a trust. The property has been in a trust over 10 years, but it’s now in pre-foreclosure and I want to buy it from the trust. Its in need of repair.

I am one of two trustees but the other trustee has gone MIA.

This week the lender sent me a package to complete for communication about the loan as there are no living parties on the loan.

Can I buy the house without the MIA trustee?

One title company wants her to sign off on the sale. I contacted a title company but they want both trustees because the language in the trust does not indicate that dual signatures are required or not required, it does say we can buy or sell real estate.

What options do I have?

As a trustee, can I refinance the loan?