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Updated almost 14 years ago on . Most recent reply

User Stats

68
Posts
5
Votes
Aaron Cheatham
  • Real Estate Investor
  • Pittsburgh, PA
5
Votes |
68
Posts

Deceased owner

Aaron Cheatham
  • Real Estate Investor
  • Pittsburgh, PA
Posted

So im closing on my 2nd wholesale property tuesday night. I just found out from the home owner that his wife is Deceased and the property was passed to him and his sister in law . They own the property 50% each. They both agreed on the the sale price.

Now when I eventually find a buyer for this house will there be a problem at the title company when they pull the title and the deceased wife may be on there?

Also, Im assuming I need both signatures on the contract. The sister in-law is elderly so Im assuming she wont be able to make it to sign the contract with the husband. So she will need to go to a notary to sign the contract? or is it ok for the homeowner to get a signature from her?
Im new to wholesaling and it seems like I'm learning something new EVERYDAY. Just wanted your opinions on this situation.

Thank You
Aaron

Most Popular Reply

User Stats

859
Posts
316
Votes
Jimmy C.
  • Flipper/Rehabber
  • Seminole, FL
316
Votes |
859
Posts
Jimmy C.
  • Flipper/Rehabber
  • Seminole, FL
Replied

Sounds like its already been through probate.

Check the property appraiser website to see who is on title. Google should get you to that county site fairly easily.

If you see both of the people who are on the contract, and they are the ones still alive, then you are probably ok.

  • Jimmy C.
  • Loading replies...