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Updated over 7 years ago,

User Stats

5
Posts
0
Votes
Bob Burke
  • Investor
  • Farmville, VA
0
Votes |
5
Posts

Question regarding inheritance/probate financing...

Bob Burke
  • Investor
  • Farmville, VA
Posted

I'm in the process of preparing my first offer...I'm considering an offer subject to existing financing.

In this situation, the wife passed away in January...the house is titled in both husband and wife's name....mortgage is only in her name...he is current on payments.

Is writing my offer, subject to existing financing, with her deceased any different than it would normally be?  My intent is to either wholesale the property or to whole-tail it as quickly as possible.

Thanks for your feedback!