Posted by gerald(tx) on October 13, 2003 at 15:38:45:
The first thing is to check if his deed was recorded. If so, you may have things tied up in probate. Also, was it a homestead? You’ll need to familiarize yourself with your state laws regarding probate, as you’ll need to get the deed in your name legally.
If this is not applicable, then things could get simpler. Examine the deceased’s contract to see if it is assignable. Is the contract a good one for your objectives? If so, a POA and quit claim deed may suffice. However, it might be better to look the original owner up and draw up new documents.
If it’s your first deal, don’t get over eager unless it is highly profitable and entails few complications.
At any rate, have an attorney review before you jump.