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Updated about 8 years ago, 10/27/2016

User Stats

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

Issues with title

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

Hey BP,

Currently working on deal # 3. Received title commitment today detailing issues that need to be cleared before we can close.  Before I get into the details this was a monster of a negotiation so I am def ready to move on from this one. 

-Husband & wife #1 (both deceased) sold property to Husband & wife #2 in 1964

-Husband & Wife #2 now deceased died with no will 

-Husband & wife #2 have 6 kids (I had to negotiate with all of them)

-Title company says record title to the land is with husband & wife #1

-Kids no nothing and all live out of state. They have an attorney they worked with when the estate settlement was created after wife #2 death.

My question: Have you gone through this before? Is this normal? Why can't these records be found? This is the second time I've ran into this issue, but seller backed away so we didn't move forward. Maybe it's just the county I'm working in.

Any insight would be helpful

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