Wholesaling
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Creative Real Estate Financing
presented by
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 7 years ago on . Most recent reply
***CLOSING ATTORNEY TAKING TOO LONG?***
Deal is ready to close only being interrupted by not able to locate owner of the entity 50% belongs to it 50% owned by lady I have property under paperwork with. Attorney working on the sellers end cant locate the registered agent so said something about pushing it through the judicial system to convey 100% ownership over to the lady I have the contract with. Thing is contract between me and seller and assignment contract with me and buyer is up in Aug. Cant they speed it up as I know this has to be a common issue of owners not being located. Should I stay on the closing attorney to keep the pace or prepare to extend contracts or worse?
Most Popular Reply
Wayne Brooks
#1 Foreclosures Contributor
#1 Foreclosures Contributor
- Real Estate Professional
- West Palm Beach, FL
- 13,508
- Votes |
- 23,418
- Posts
Wayne Brooks#1 Foreclosures Contributor
#1 Foreclosures Contributor
- Real Estate Professional
- West Palm Beach, FL
You typically can not remove someone from title with a Quiet Title action (liens a and Mtg.ss are a different issue) simply because you can not find them.