Deceased Owner of Property--Who gets the Property?

[Robert Wilson]

Hey guys. So I've been trying to get my first wholesale deal done, and I've had some ok leads but nothing I could close on.

I'm currently working with a guy whose sister passed away and he tells me that he is now the owner of her house. He showed me a copy of some will he has, but I can't make heads or tails of it. (It has been folded up and the ink is faded.) This might be a dumb question, but he has to have his name on the title of the house before he can sell it, right? He is pretty old, and is in a motorized wheelchair, and I told him that I would go downtown to..... I guess public records... clerk of circuit court?.... and see if I could find out what he needs to do before he is legally able to sell that property.

I feel like I'm close to closing my first deal, and I want to do everything I can to make it work.

Does anyone have any experience or knowledge when it comes to a situation like this? Any tips or advice would be greatly appreciated! Thanks

[Account Closed]

Originally posted by @Robert Wilson:

Hey guys. So I've been trying to get my first wholesale deal done, and I've had some ok leads but nothing I could close on.

I'm currently working with a guy whose sister passed away and he tells me that he is now the owner of her house. He showed me a copy of some will he has, but I can't make heads or tails of it. (It has been folded up and the ink is faded.) This might be a dumb question, but he has to have his name on the title of the house before he can sell it, right? He is pretty old, and is in a motorized wheelchair, and I told him that I would go downtown to..... I guess public records... clerk of circuit court?.... and see if I could find out what he needs to do before he is legally able to sell that property.

I feel like I'm close to closing my first deal, and I want to do everything I can to make it work.

Does anyone have any experience or knowledge when it comes to a situation like this? Any tips or advice would be greatly appreciated! Thanks

 The goal is to have a Marketable Title. The ONLY way to have a Marketable Title is for a Title Officer at a Title Company tell you what they need on the property to make it a Marketable Title. No one on BP or elsewhere, can tell you the answer. I wish it were simpler, but it isn't. You have to put together a Purchase & Sale Agreement, and a copy of the Will and whatever "proof" you may have,  call a Title Company, set up Title and email copies of everything to them. In a few days they will tell you what you need. It could be everything from doing probate start to finish, or a Quiet Title Action (you need an attorney for this one) to needing an affidavit or two, to "you are good to go "as is" (I wouldn't expect the last option to be the case. Sounds like an interest find tho'.