I have a property under contract with a gentleman. I failed to ask who's name the deed was in and of course it's in his deceased mom's name. How will this affect this deal? Now that I know this information is there an...
Hi all! My sister called a local investor to purchase a townhome that she is making payments on but not living in. There is little equity, and she just wants to be rid of it, and it sounds like he wants to take over p...
I am in the process of purchasing an off market home in which the owned is deceased (in Ohio). The son is the executor and there are multiple siblings involved.
We are working with his probate attorney to get the pu...
There's been a huge push to slow down foreclosures to prevent robo-signing. In Las Vegas, they have completely stopped Notice of Defaults from filing, which means that owners can live in their houses for free.
Here ...
I found a property wherein the owner died 2 years ago with no will. The decedents of the deceased were living in the property and paying on the property until recently. Once the notice of default was filed, they aband...
It's often stated that junior liens are extinguished or wiped out when a home is foreclosed upon. But what is the actual process for this? Does the trustee handle this? Or is it the County? Or who?
Hey everybody,
I had a tenant who I had to let vacate her lease early because of the inability to pay. I found someone to cover the last month of her lease but she was still short one month's rent. This occured last ...
Got something from my insurance agent today that says they added "loss payable provisions" to my rental property policy. It's making my head spin trying to understand it and I'm usually pretty good at figuring out wha...
Have any landlord out here in Bigger Pockets Forum experienced a such law as Bankruptcy Stay? I was in the process of evicting a tenant and was told that since the tenant filed bankruptcy, she get to stay in my rent...
Hi there!
I live in NYC, our landlord and thus lease charges $2500 per month for our rent. However we only pay $2300 per month. On our lease it shows $2500 with a $200 monthly credit.... Or as they call it - our 'n...