Escheat of Property

Bird Dogs, Wholesaling
1

Has anyone ever taken possession of an abandoned property - where the owner died without a will & there were no heirs? If so, what did you do & how long did it take?

I’m looking at a situation in TX where the owner died & there is no will & no heirs & property taxes are owed. The property is in a high growth area.

Thanks in advance for your responses.

2

Ask the State Treasurer for TX. That is the branch of government that usually handles this kind of thing. I would expect the time to actually get the deal done to be measured in years.

3

If it takes years, then there are plenty of fish in the sea. So as we investors say “NEXT”!