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All Forum Posts by: Terry Sargent

Terry Sargent has started 2 posts and replied 4 times.

Post: Seller‘s Deed Not Properly Transferred

Terry SargentPosted
  • Rental Property Investor
  • Indianapolis, IN
  • Posts 4
  • Votes 0
Good Morning All, Thank you very much for all of this very useful insight. I am now working with a RE attorney. I will follow up with an update in the coming weeks. Much appreciated!

Post: Seller‘s Deed Not Properly Transferred

Terry SargentPosted
  • Rental Property Investor
  • Indianapolis, IN
  • Posts 4
  • Votes 0
Hello, I have a lead on an Indiana property that is well-under market value. However, I’ve run into an issue regarding the deed. To add context, here is the situation: The seller was gifted the property in question, by a friend, prior to the friend‘s passing. That was nearly 20 years ago. The Issue is that the seller never took the necessary steps to get the deed transferred over. Therefore, the deed is in the name of the person who has been deceased for 20 years. The seller has been paying property taxes, and is current. What steps can be taken to prove ownership in order to get this sale completed? Would the seller’s time of occupancy be enough to prove ownership? Any insight is appreciated.

Post: Indianapolis REI Informed Agent

Terry SargentPosted
  • Rental Property Investor
  • Indianapolis, IN
  • Posts 4
  • Votes 0
Jeff Wallenius - Great! Thank you for this recommendation.

Post: Indianapolis REI Informed Agent

Terry SargentPosted
  • Rental Property Investor
  • Indianapolis, IN
  • Posts 4
  • Votes 0

Good Evening, 

After gaining ample information on REI, and doing mock analysis on properties, my wife and I are ready to get our feet wet with our first investment property. The focus of our first invest, and long term focus, is rental property acquisition. With that being said, we are looking for a Real Estate Agent, that has experience with investment deals, to help assist with buying our first investment property. Could the BP community please send recommendations our way? All advice, recommendations, and/or input is welcomed and appreciated.