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[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] Dealing with a Conservator Posted by Mary-CA on March 04, 2002 at 10:16 AM Ward, I just learned that the foreclosure property I am interested in belongs to a man who is in a nursing home, and a conservator was assigned to his estate. The legal dictionary I consulted states that a conservator is "appointed by a court to take over and manage the estate of an incompetent". I learned from his neighbors that the owner was a recluse; no wife; no kids; but does have a sister and neice (who don't live in the immediate area). The property is now vacant. 1) How do I go about making an offer on the property before it goes to auction? Contact the conservator? the sister? 2) Do I make an offer to purchase the property or just the equity? 3) Does the conservator have the decision-making power as to whether to sell the property (since owner is deemed "incompetent")? 4) How can I insure that I am not taking unconscionable advantage while still saving some money? Follow Ups: Dealing with a conservator in a foreclosure situation Ward-CA- 8:48 PM, 03/04/02 (0) Re: Dealing with a Conservator Rick Harmon 8:47 PM, 03/04/02 (0) Post a Followup: Name : E-Mail : Subject : Comments: : Ward, : I just learned that the foreclosure property I am interested in belongs to a man who is in a nursing home, and a conservator was assigned to his estate. The legal dictionary I consulted states that a conservator is "appointed by a court to take over and manage the estate of an incompetent". : I learned from his neighbors that the owner was a recluse; no wife; no kids; but does have a sister and neice (who don't live in the immediate area). The property is now vacant. : 1) How do I go about making an offer on the property before it goes to auction? Contact the conservator? the sister? : 2) Do I make an offer to purchase the property or just the equity? : 3) Does the conservator have the decision-making power as to whether to sell the property (since owner is deemed "incompetent")? : 4) How can I insure that I am not taking unconscionable advantage while still saving some money? Optional Link URL: Link Title: Optional Image URL: [ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] WWWAdmin 2.0a © 1997 Matt Wright and DBasics Software Company, All Rights Reserved

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