InnoVest Resource Management's Foreclosure Forum

Home Discussion Board "Hands-On" Training Title Holding Trust Speaking Schedule Store Foreclosure Codes 50 State Resource Data Foreclosure Glossary Foreclosure Statistics 60+ Yrs Interest Rates Fillable Forms Archived Articles Dingbat Retirement Plan Links Contact / Map Home

[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] Probate approach.. Posted by Ward-CA- on June 12, 2003 at 4:52 PM In Reply to: Re: Profiting from probate deals.. posted by gcastro on June 12, 2003 at 4:17 PM : Ward, the deed from husband and wife was recorded. Also, Can the older dougter (instead of the father) do the same thing that you described below, since she is the most willing to do something with the house? Should I find out if the mother left a will?: =•=•=•=•=•=•=•=•=•=•= Yes, the older daughter will do as well as the husband. And yes, you really need to look to see if Mom left a will. If the daughter, as the Administratrix, will sell you the property on behalf of the estate, then you won't have to buy out each prospective heir. Just pay the cash over to the Admimistratrix to buy the house and let her distribute it or pay it out to the estate's creditors. Follow Ups: Probate purchase Rick Harmon 5:35 PM, 06/12/03 (0) Post a Followup: Name : E-Mail : Subject : Comments: : : Ward, the deed from husband and wife was recorded. Also, Can the older dougter (instead of the father) do the same thing that you described below, since she is the most willing to do something with the house? Should I find out if the mother left a will?: : =•=•=•=•=•=•=•=•=•=•= : Yes, the older daughter will do as well as the husband. And yes, you really need to look to see if Mom left a will. If the daughter, as the Administratrix, will sell you the property on behalf of the estate, then you won't have to buy out each prospective heir. Just pay the cash over to the Admimistratrix to buy the house and let her distribute it or pay it out to the estate's creditors. 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

Information provided by this website is for informational purposes only and is not a substitute for professional advice. Please consult your investment advisor and/or attorney before entering into any transaction.

Copyright © 1997-2003, InnoVest Resource Management
http://www.foreclosureforum.com

InnoVest Resource Management, 4569-A Mission Gorge Place, San Diego CA 92120-4112
(619) 283-5444, Fax (619) 283-5455