Buying a property

alasaquing · 1 Buying a property Tue Sep 06, 2011 5:04 pm

alasaquing

Arresto Menor

Posts : 1
Join date : 06/09/2011

Hi, I would like to seek advise on a property that we wanted to buy. The original owner died years ago his wife is the one who sells it to us. But just recently we found out that the title was not yet transfer to the seller. Is it legal? She doesn't want to transfer the title to her since the cost is very high. What should we do she is selling the property in a cheap prize that's why we are interested. Please help. Thank you so much

attyLLL · 2 Re: Buying a property Tue Sep 06, 2011 8:20 pm

attyLLL

moderator

Posts : 21671
Join date : 12/04/2010
Location : https://www.facebook.com/BPOEmployeeAdvocate/

is it titled at the register of deeds? what proof of ownership does she have?

in the end you will pay twice for capital gains tax, transfer fees and inheritance tax if you continue with the transaction.

Buying a property

1 Buying a property Tue Sep 06, 2011 5:04 pm

alasaquing

2 Re: Buying a property Tue Sep 06, 2011 8:20 pm

attyLLL