All Forum Posts by: Jean Fleuriot

Well said! You all have put my fears and concerns to rest. Thanks!

Yes,  you're right, they held 3 years in escrow. I just didn't want to pay a bunch if Attorney fees and waste a bunch of my time/money. Perhaps, I'll let it be.

You have a point Sam. The problem comes when I'm trying to sell it and the Buyer's Lender doesn't want to give the loan if the deed is not in Fee Simple. When buying it, my lender changed his mind at the last minute because it had a seperate ground rent, so I had to pay cash to avoid losing the deal. What happens if after I rehab it, and the Buyer's lender waits until the last minute to say the ground rent has to be redeemed? I would have wasted time and the contract? Unless, I'm over thinking it and other lenders won't have an issue with it???

I've Checked land records and nothing. Other people have suggested I contact an Attorney or a different title company also. I might have to stick to doing my deals out site of Baltimore city from now on. Too much trouble. But thank you for your advice.

Yes Gayle, I posted the notice on the house, got the title company (who did the search) to write the affidavit, and that's where it stopped, because I was denied. The ground rent dept say the search was insufficient. The title company said they searched records and didn't find any registration for the landlord. I don't know if they expect me to hire a private investigator or something. I'm trying to figure out what's an "acceptable" good faith effort. Do you know?

My application to redeem the ground rent for my Baltimore property was denied for insufficient good faith effort to find the ground rent Landlord. What can I do?

You all gave some good suggestions with cash for keys and turning off the power. Prior to closing, I had them sign a penalty clause/addendum saying they would pay $1,000 per week each week they stay there (I gave them the 1st week free). They didn't honor that deal and have only given me $1,000 but have been there 5 weeks. Now they said they need 20 more days. LAST time I buy an occupied property that I plan to flip. Thanks!

Buyer is an Investor who I partnered with, and although I'm a Realtor,  we bought this Off-Market through a Wholesaler. I'm afraid to charge them a monthly fee, because they would be considered "tenants", and I would be subject to Landlord/Tenant court rules of eviction. Lawyer says they are not legally considered "Squatters" since they used to occupy the property legally. But with that logic, how can you EVER ensure a Seller moves out? AGH!!!

My client purchased a home and the Sellers won't move out. Sellers in their 60s and claim COVID19 shut things down in MD. Now they say they automatically become tenants once the sale goes through (I disagreed). I contacted an Attorney and they said no court would evict elderly people during the coronavirus and we have to "work with them" to get them out. How do you get Sellers out if they don't move out?