Posted by Kristine-CA on December 15, 2002 at 23:15:38:
Has there been a probate of will filed? If the house is “probated” so to speak, there are usually procedures the executor has to follow in order to sell and is under the supervision of the court. Also, if the estate has any debt, all the money must go first to pay for the debts. And the courts will require that executor make efforts to get the best price possible. Ask him what the status is regarding his ability to sell at this time. It sounds doubtful that he filed probate on his own without a lawyer, so there may be a lawyer you can talk to.
i got a guy who is named executor to his moms house. well he was more interested in buying a different house for himself.
its wierd but he doesn’t want anything for his moms house
doesn’t even want anything to do with it. says i can take it
over from the bank cause his plan was to ignore the whole
buisness of executorship. he wants me to try to talk to the
bank and so what do i do first, title check? its like 80,000
house w/60,000 owed, good house nice neiborhood. payments in arrears by a few months. any help for the rookie appreciated
thank you,
andy