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Saving an inheritance with due diligence

By
Real Estate Agent with Solid Source Realty Inc

Persistent due diligence pays off in the end. I have a listing for a property zoned professional office but has 2 old homes on it rented MTM. I kept checking that the seller (or executor) was current on everything and collecting rent. He did not realize the asset management company turned over the estate to an attorney and was going to foreclose in October. We had offer on the table that was for less than he wanted BUT a check is better than a bill. My client appreciates the fact I saved his inheritance as he was not aware how close he was to losing it all. If you have an estate listing, keep checking as some banks do not work with the heirs as they should and require court orders to send tax bills and notices to the correct person even after they receive the official will. This is causing people to loose their family"s property. My legal background and intuition saved over $100K for this family.

Posted by

Barbara Martin

The Good Deal Negotiator

Solid Source Realty, Inc.

404-583-8708

www.Georgiahomesforsaleonline.com

Michael Ford
Coldwell Banker Heritage Homes - Marion, AR
Matching Families with Homes

Barbar what a great story and thanks for the heads up!

Sep 04, 2010 03:31 PM