I have a seller in Arizona who owns an 85% undivided interest in two parcels. Two other heirs each own 7.5% and have ignored certified letters for years. The original property was surveyed and split into two parcels after the owner's mother passed away intestate. One parcel has a manufactured home the seller wants to sell immediately, while the other has a cloud on title due to the co-owners. My questions are: 1. If the property was legally split into two separate parcels, do the 7.5% heirs automatically own 7.5% of bothparcels, or could one parcel have clean title? 2. Has anyone successfully closed on a situation like this without obtaining the missing heirs' signatures? 3. Would a title company insure the sale of the seller's 85% interest, or is a partition action typically required first?
Hey, Just listed my first deal on the MLS — a property out in Buckeye, AZ. If there’s any buyer interest in that area, I’d love to connect. Either way, appreciate all the insight that’s been shared — it’s been a big help. All the best,Michey
I own a marketing company and can generate motivated seller leads on demand. What are some of the areas you guys are looking for with the best buyers? I can get deals flowing there asap!