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[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] Re: Purchasing property from surviving joint tenant Posted by Kristine-CA on May 23, 2009 at 6:48 PM In Reply to: Purchasing property from surviving joint tenant posted by Aaron on May 22, 2009 at 11:25 PM If you are doing a "full escrow" don't prepare any docs, just submit your sales contract to escrow. You will need a certified copy of the death cert so that escrow can prepare an affidavit of death of joint tenant. I always suggest that you stay away from preparing your own docs. Escrow will prepare the docs in such a way that they are willing to insure title now and in the future. That's what escrow is for. : I have a seller ready to do business. My question (and I searched the archives already): : Title currently shows husband and wife as: Dan Beatle Juice and Beatrice Juice, husband and wife as Joint Tenants. : I want to create a deed to transfer the property to a trust so I can take over the property sub2 the current lien. I don't know what to write on the new grant deed. Do I put Beatrice Juice, Widow after her name? : I am going to have her sign a purchase and sale agreement for $1 more than the loan amounts and do a full escrow, but I want to capture the equity. Follow Ups: Post a Followup: Name : E-Mail : Subject : Comments: : If you are doing a "full escrow" don't prepare any docs, just submit your sales contract to escrow. You will need a certified copy of the death cert so that escrow can prepare an affidavit of death of joint tenant. I always suggest that you stay away from preparing your own docs. Escrow will prepare the docs in such a way that they are willing to insure title now and in the future. That's what escrow is for. : : : I have a seller ready to do business. My question (and I searched the archives already): : : Title currently shows husband and wife as: Dan Beatle Juice and Beatrice Juice, husband and wife as Joint Tenants. : : I want to create a deed to transfer the property to a trust so I can take over the property sub2 the current lien. I don't know what to write on the new grant deed. Do I put Beatrice Juice, Widow after her name? : : I am going to have her sign a purchase and sale agreement for $1 more than the loan amounts and do a full escrow, but I want to capture the equity. [ 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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