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Re: son moved in when father died - Landlord Forum thread 353736

Re: son moved in when father died by Nicole (PA) on August 8, 2017 @09:04

                              
this is very difficult to follow. about 3/4 of it doesn't matter - weight of people, your age, facebook stuff, etc.

You toss names about like we know who they are into the mix - who is felix?

your nephew (I guess that's Mike) had what is called an "equitable ownership" in the property. you agreed to sell, he agreed to purchase, he paid. doesn't matter that there was no title company nor a notary. what you two wrote up will probably be enforceable. If his son (Matthew?) is his sole heir, then he probates his father's estate and pays you off somehow... depends what your contract says.

so if your nephew (Mike?) was buying the house and passed away, his son (Matthew?) is taking over as his heir and telling the tenant (felix?) to pay him? sounds right to me as long as the estate pays you monthly the $525 until the estate is finalized and they pay you in full.
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Re: son moved in when father died by felix arispe (TX) on August 8, 2017 @23:51 [ Reply ]
for Nicole in the contract we made a stipulation that 30,000 had to be paid on house before his kids could take over house and he only had paid 12,000 and there are 2 other brothers that are incarcerated
Re: son moved in when father died by Anonymous on August 8, 2017 @23:54 [ Reply ]
for Nicole in the contract we made a stipulation that 30,000 had to be paid on house before his kids could take over house and he only had paid 12,000 and there are 2 other brothers that are incarcerated
Re: son moved in when father died by Anonymous on August 8, 2017 @23:54 [ Reply ]
for Nicole in the contract we made a stipulation that 30,000 had to be paid on house before his kids could take over house and he only had paid 12,000 and there are 2 other brothers that are incarcerated
    Re: son moved in when father died by Anonymous on August 9, 2017 @11:32 [ Reply ]
    Your first mistake was dealing with family. I think because the person who died paid 12,000 dollars. The court will have to review the agreement to see what, if any, rights the kids have. Perhaps they will not be able to come up with the extra money to fulfill the agreement of 30,000.00 dollars. Or the judge may decide you have to return the 12,000 dollars to get you property back.
    I would get a lawyer if I were in your shoes. And be prepared to fork over some money to make this go away. The lawyer representing the estate will be digging deep to get every dime out of you. The kid in the property, if he wins the property, will end up selling it to pay off the lawyer fees.
    Typical low life type people. YOU NEED A LAWYER!
    Re: son moved in when father died by Anonymous on August 9, 2017 @12:29 [ Reply ]
    None of what you consider important matters. You have an agreement to sell the property. The purchaser has passed away. The property goes to the next of kin. You will have to start forclosure proceedings if there is a default in payment from the deceased estate or if the son takes on the legal resposibility of the debt. You just don't get the house back unless there is a default in receiving payments and you proceed to forclose.
      Re: son moved in when father died by beverlee miller (TX) on November 7, 2017 @13:03 [ Reply ]
      well its been 6 months since mike deceased we have not received any payments we hired a lawyer all he says is its in probate can I take it to forecloser while its in probate
    Re: son moved in when father died by beverlee miller (TX) on November 7, 2017 @13:06 [ Reply ]
    well its been 6 months since mike passed away. we haven't received any payments. I hired a lawyer but all he says is its in probate can I file forcloser while its in forcloser

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