Auction of a property whose owner is deceased ...

Started by millefeuille

about 19 years ago

Posts: 73

Member since: Jan 2007

Discussion about

Hi All, I am interested in a property that is going to be sold in an auction; the owner is deceased. I don't know anything about real estate auctions. Are there closing costs or other hidden fees besides the price of the property? Any valuable would be very much appreciated. Thanks.

Response by anonymous

about 19 years ago

Posts: 8501

Member since: Feb 2006

First things first - GET A GOOD REAL ESTATE ATTORNEY who has been through this kind of scenario before! If you are seriouslty bidding, you will ned them to close the deal, reagrdless. If it turns out that the attorney turns up something problematic that stops you from bidding and saves you a fortune, than your money was well spent either way.

Ignored comment. Unhide

Response by millefeuille

about 19 years ago

Posts: 73

Member since: Jan 2007

Do you know someone who is a specialist on real estate auction?

Ignored comment. Unhide

Response by anonymous

about 19 years ago

Posts: 8501

Member since: Feb 2006

Where is the property located (what borough)?

Ignored comment. Unhide

Response by millefeuille

about 19 years ago

Posts: 73

Member since: Jan 2007

Queens.

Ignored comment. Unhide

Response by anonymous

about 19 years ago

Posts: 8501

Member since: Feb 2006

Hmmm - I know good people in Manhattan and Brooklyn, but not Queens. You might have to start with your own lawyer and go from there...

Ignored comment. Unhide

Response by anonymous

about 19 years ago

Posts: 1905

Member since: Apr 2007

O.P. What ever happened with this auction? Did you go? bid? prevail? I'd love to hear what happened. Thanx.

Auction of a property whose owner is deceased ...

Add Your Comment

Recommended for You

From our blog

Most popular

Recommended for You

From our blog