All Forum Posts by: Gursel Demir

Thanks @Wayne Brooks

I agree, unfortunately the buyer's attorney does not. Like the banks, I usually offer to pay the title ins premium if they use my title co, but no go.

Here in New Jersey the buyer chooses their own title company. In North Jersey, it's customary to use an attorney for RE closings, who then uses their own title company.

Gursel

Went under contract to sell a house where, when I bought it, the title company did not raise any issues, and I have title insurance. My buyer’s title company sees things differently. Here’s a brief run down for you title/probate lovers:

Originally, Ma and Pa were in title as h/w. The next deed is from the both of them to Ma alone. Ma died several years ago leaving a LW&T appointing, her daughter, my seller as the Executrix with powers to sell, and Letters Testamentary were issued to her.

Pa died, seven days later, leaving a LW&T appointing, his daughter, my seller as the Executrix with powers to sell, and Letters Testamentary were issued to her.

The next deed is from my seller as the Executrix of the LW&T of Pa to herself individually, for no consideration. The next deed is from my seller to me.

My buyer’s title company wants a new deed from the Executrix coming out of Ma’s estate AND they want a deed from all of the other five siblings as they consider the previous deed to herself to be “self-serving” as it was for no consideration.

I agree that title came out of the wrong estate and my seller will execute a new deed as the Executrix of Ma and she has provided proof that she shared the proceeds, from the sale to me, with all of her siblings.

The buyer’s title company still insists on a deed from all of the siblings. Two of the five siblings are willing to cooperate, one refuses to sign anything “to protect herself”, the other two will not respond to me or to my seller, their sister.

My title co is trying to convince the buyer’s title company’s underwriter to insure with a new deed and proof of payment to the siblings. I don’t see that happening.

Am I missing anything other doing a quiet title action? Anybody see any new arguments for my case or a way I can deal with this in a timely manner and not lose my buyer?

Gursel

Thank you @David Thomas

Please let me know the next time you get together. Thanks.

Gursel

973-222-7673

@Brandon Turner @Javier Diaz

Thanks for the welcome.

@Mehran K.

Thank you.

I'm just gonna go with "Whatever doesn't kill you makes you stronger", true or not, it sounds pretty good lol.

Gursel

Thanks for the welcome.

@Chris Welch, I'm not a member of any club at the moment. All the clubs and all you guys and gals are just too far away :) but I'm in for getting together with fellow joysians.

@Darren Sager, I'm all over the place. Currently I'm rehabbing a house in Washington Twp in Warren County. I'm under contract to sell a house in Elizabeth where the buyers title co is raising title issues so we're on hold. Never a dull moment, eh?

"I'll show you my leg if you show me your leg." Do you remember that scene in Jaws where they're in the boat comparing scars? Let me know if you guys want to compare scars.

Gursel

Your warm welcome is appreciated. Thank you.

Hi,

I'm in Sparta NJ and I specialize in fixer uppers. I've been at this game for a while now I have the scars to prove it :)

I've been reading this site whenever I get a chance so I'd like to share my experience where I can contribute, learn where I can, and network.

Looking forward to becoming a member of this community.

Gursel