Posted by Tom (WA) on February 27, 2002 at 21:08:12:
Whatever you do, do not give them any money without the necessary paperwork. If you do, there is a very high likelihood you will get burned.
If one brother is going back to Italy, he can give the other brother a power of attorney so the one staying in the US can sign for him.
Get a proper agreement drawn up, signed and open escrow with a title company or attorney (whichever you do in your state). Everyone can acknowledge that all parties want to close as fast as possible, but it must be closed by the escrow agent or you could be very sorry. I have done closings in as little as 3 or 4 days. It may turn out that they don’t even own the property or it may take a long, long time to finish the probate process. Talk to an attorney, it will be money well spent.