All Forum Posts by: Scott B.

@Phillip Bradrick thanks for the note. Sent you a message sepcor did you receive. Looking at your thoughts of investment potential north south of e Juniper and East west of n Allen. Saw they a lot of newer Renos and a sense that there is an effort to clean that area up. Also I saw a few outliers being built like 211 7th St, Wake Forest, NC 27587 and a few others. Wanted to get your thoughts on the rental and investment opportunities in this area.

Looking to buy real estate in the Wake Forest, NC area - it’s about 30 mins north of Raleigh, NC. Curious as to if anyone is currently looking in that area/ gauge the potential for investment opportunities.

@Davido Davido thank you for this information. will follow up. Lawyer had me get sigs on a general warranty deed- other owners signed their claim over to me and it was notarized after every so many signatures I sent original sig/notary to lawyer. 

@Clint Votruba the caretaker is in his 70s-The house has been vacant for 8 years- no one has lived or rented it out. He pays the taxes and upkeep. That’s it. Old ages wants to keep it within. He felt that was his obligation to homeowner to not send it to foreclosure, so he paid the taxes. Caretaker didn’t know that it would be this much of a hassle until my lawyer advised of the process of there is no will- hence why I have been on a rabbit hunt to get sig. at his older age he can’t understand why that is required. But seems this process is needed to get it done right. 

Like @chris martin said it only takes one. I was on a roll collecting signatures then one didn’t sign- felt the need to hold out and soon 2-3 didn’t sign and I was stuck. 

House is prob valued at $80-95k, needs sig rehab. First goal is to find away to acquire clean and clear ownership then work the rehab issue. 

Thanks for this information- like I said I am new member- learning as I go. This will be my first property if it works out and it’s has seemed harder than I thought. But will continue to work through the issues. 

@Clint Votruba The care taker does not live on the property. He is the brother of the deceased homeowner- the house has been paid for many years now. He pays taxes and up keep of the property. My lawyer gave me a form- signatures were all notarized per her guidance. Title company has approved the form. My paperwork is tight. Yes the owner knows we have gone to the lawyers office many times as I worked through this process. The issue I am having now is he wants out and some will not sign so it has halted my train at the moment. I am also working with a title company. The other members have claim due the home owner not having dependents. In NC if there is no living parent, spouse, no kids then the house goes to siblings- then branches off from those deceased siblings to their kids. So in a large family many of the siblings have passed passing claim to their kids. So the signatures as you can see have branched out a lot. In this case I am the great nephew to care taker and home owner. We have been working on a Quit claim deeds but going to court house may be the best option because many of the signatures I need are from members that live out of state and have no way of contact.

BP Family, I am a new member with a situation. I am trying to acquire a property is Raleigh NC. The homeowners passed away over 8 years ago, no dependents. Property went to the surviving family members (9 siblings and their kids if sibling passed). Currently 1 member has been caring for the property for years paying taxes and upkeep to avoid foreclosure. Caregiver is tired of paying taxes and what to get rid of the property. I have spoke with a real estate lawyer and they have informed me that I have to get signatures of all the living members and or their children if deceased to sign over their claim to me in the home since the original owners did not have a will. I have acquired roughly 27 signatures- still have about 10-15 to go. Some folks are unwilling to sign and some live out of state and no one knows how to contact them. The caregiver feels that since he has paid taxes for over 8 years he is the owner and he should be able to do as he wants since he has paid taxes and provided upkeep. Is there a easy way for me to work directly with the caregiver of the property and not have to go through the hassle of all these signatures. Caregiver is the only one who has invested interested in this house and wants out of it due to old age and increased taxes. Thank you for your time.