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Updated over 8 years ago on . Most recent reply

User Stats

149
Posts
49
Votes
Jessica A. Smith
  • Real Estate Investor
  • Lake Jackson, TX
49
Votes |
149
Posts

Has this ever happened to you?

Jessica A. Smith
  • Real Estate Investor
  • Lake Jackson, TX
Posted

Hey BP!

Working on closing this deal, but ran into a snag. Property owner came into possession via Quiclaim Deed and all that paperwork is fine. The issue is when the parents originally bought property in 1999 from the estate the title company was unable to locate those probate proceedings. Current property owner has not been successful in locating heirs, and executer of the estate is also deceased.

Has this ever happened to you? Title company of course says they cannot move forward until additional information is presented to assist them in locating the probate proceedings.

Most Popular Reply

User Stats

149
Posts
49
Votes
Jessica A. Smith
  • Real Estate Investor
  • Lake Jackson, TX
49
Votes |
149
Posts
Jessica A. Smith
  • Real Estate Investor
  • Lake Jackson, TX
Replied

Hey all! Thanks for sticking with me on this. Had a few conversations with local attorney. Looks like it will cost roughly $2500 to get cleared up, and owners are not willing to move forward. I'll be crunching the numbers again to see if this deal can still happen for everyone.

As always I'll keep ya posted!

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