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Results 1 to 5 of 5
  1. #1
    mrusajapan is offline Renter
    Join Date
    Mar 2008
    Posts
    2

    Default Homicide Home for Sale (Pass or Buy)

    I am working with a real estate agent and am interested in submitting an offer for a home for sale, where a horrific murder took place. One of the owners was shot multiple times and died in the home. The home is being offered for sale by the surviving spouse and is being listed through a national real estate firm. My question is that, what would happen to me if I were to buy this home and at a later date the surviving spouse were to be arrested by local law enforcement for the murder of his/her spouse? Could immediate relatives of the deceased file legal action to void the sale of the real estate transaction, leaving me and my family out of the home and out of all the money I paid for the home? In addition, would title insurance protect me in this situation?

  2. #2
    Greg is online now Moderator
    Join Date
    Sep 2007
    Location
    Outer Banks
    Posts
    1,281

    Default

    You need to ask these questions to a lawyer familiar with real estate law in the same area as the property. Anything we could offer would be guessing.

  3. #3
    Michigan is offline Renter
    Join Date
    Mar 2008
    Posts
    8

    Default

    No, you would have no problems.

    Arresting her has nothing to do with her assets.

    If found guilty she goes to jail. IF the family sues her for assets and win they will get a judgement for her assets of what she has today, they can't go back and take a car she sold 5 months ago....

    If her assets today were just cash and a wheel barrel they would take that. There are no lis pendis on the property now which makes it legal to sell. Title company will back that up.

  4. #4
    TomAnto is offline Condominium
    Join Date
    Jan 2008
    Location
    NW suburbs of Chicago
    Posts
    107

    Default

    Michigan is right. You are a bone fide purchaser for value. Your rights will trump any that the surviving estate may have before the transaction. In addition, their main interest would most likely be to liquidate the assets. Since the home is sold, and value given, they are sitting in a better position than if the home were still held by the estate.
    http://tantoine.wordpress.com/ I do not hold myself out to be an attorney. Consult with a local attorney for proper advice. IRS Circular 230: This response is, written for educational purposes only. It does not establish a client relationship. This communication is not intended to be used, and cannot be used, for the purpose of (i) avoiding tax-related penalties under the Internal Revenue Code or (ii) promoting, marketing or recommending to any party any matters addressed herein.

  5. #5
    rainier is offline Banned
    Join Date
    Mar 2008
    Location
    USA
    Posts
    404

    Default

    it can possibly happen, but mind you it's not a goos idea to buy a house where the murder happens...

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