Posted by Rich-CA on May 26, 2007 at 14:28:33:
Have an investigation firm locate the step mother.
Great opportunity, but who can sell the property? - Posted by Eric
Posted by Eric on May 24, 2007 at 13:38:11:
I have found a property that could be a great investment! Different situation though… the person living there right now does not own it… her father does. Problem is he passed away in 1997 and had a will done that was never executed. It states that she is the executor. It states this verbatum "I give, devise and bequeath to my wife, (which is actually her step-mother), a life estate in all my real, personal and mixed property. All the rest and residue of my estate, including real, personal and mixed property, of every description, wherever located, I give to my children… and then lists the children, of which she is included and percentages of what they should get. The mortgage, title and deed is in the fathers name, and it is now in foreclosure. The daughter wants to just sell the property to me at a huge discount because of all of the stress of the sheriff sale, and nobody seems to know where the step-mother is or if she is even alive. What do I need to do here?