Don’t buy it back! - Posted by John Smith, IV
Posted by John Smith, IV on September 20, 2003 at 22:06:49:
Sounds to me that the deal is done.
Now the mobile home belongs to the deceased estate.
If you just give the title to the daughter you could be in hot legal waters.
How do you know there are no other heirs?
You couldn’t even give the money back to the daughter that would probably be legally wrong as well.
You tell the daugther that you need to know who is the lawyer who is going to handle the estate.
You send the title to him, and let him deal with you.
You can also make an offer to the lawyer that you will buy the MH back for say 25-50% of the price you got for it. If the estate sells it back to you, you do another lonnie deal again.
Don’t buy back directly from the daughter, there could be other involved parties.
Don’t give the money back to her.
Don’t give the MH to her.