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Old 02-16-2019, 04:23 PM   #16
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Re: A Monster Project


I guess I'm missing a few things. It was lived in for 60 years (1952-2012) but now the municipality won't let anybody live in it - why? Even if building codes and inspections and occupancy permits weren't a big thing back in '52, what caused them to 'red tag' it?


As others have mentioned, you need to get clear title to the property before you consider doing anything. If an "affidavit" is sufficient to get the place in your friend's name, good for him, but that is estate law. The probate court (or whatever it is called there) don't normally bother themselves about things like liens, tax defaults, etc., although they may require him to to publish notice if anybody has a claim against the estate. He needs to get the title in his name; that is property law and his problem. Once that happens, you need to get clear title in your name, meaning that you own it and nobody else has a claim to any part of it. You need a lawyer for that.


Once the nightmare of ownership if sorted out, you can sort out the nightmare of renovating it. Depending on its assessed value, you might be able to borrow against it to help fund your adventure. I tend to agree that 10K won't cut it.
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Old 02-16-2019, 04:32 PM   #17
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Re: A Monster Project


Meth labs and grow op houses can be tagged and bringing them up to code is questionable?
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Old 02-16-2019, 05:58 PM   #18
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Re: A Monster Project


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I guess I'm missing a few things. It was lived in for 60 years (1952-2012) but now the municipality won't let anybody live in it - why?
I guess I should clarify here. They haven't deemed it not livable, it was occupied until late 2016. No one can live in the house because the utility companies will not turn on the utilities, ie water and electric as long as the title remains in a dead person's name. We've done the lawyer part, probate statute of limitations has passed, and he doesn't have to publish in the paper or any of the other stuff since we have proof every living descendant of the family but himself is dead. So the affidavit solves that part.

I'm not really interested in owning it. But my choices, for lack of a better option, is live in a ****hole that will never be fixed for 700+ a month or live in a ****hole that I can put what I would otherwise spend on rent into fixing.

Since everyone is a bit more familiar with the pricing on this kind of stuff, whats the ballpark on a project like that.
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Old 02-17-2019, 09:25 PM   #19
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Re: A Monster Project


Ok, maybe I'm still missing something or perhaps different laws in different areas. My dad died in his home and it took many months to settle his estate so it was in a "dead person's name". The utilities didn't really care so long as the bills were paid. As one of executors of the estate, it was our responsibility to maintain the the property, including keeping the utilities on.


At the end of the day it will be in somebody's name - just not yours, so you will be a tenant (with or without a lease). If you want to put money into something you don't own, that's between you and the ultimate owner.


As for an accurate assessment of cost, I'll leave that to others. If anything you do requires permits, can you get one for a place you don't own or aren't a contractor for? Dunno.
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Old 02-18-2019, 06:36 AM   #20
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Re: A Monster Project


In my district if the gas has been shut off for 2 years, the POCO will not turn it back on without having the lines pressure tested. The home owner can do the test, but must sign a waiver suggesting the test was done and done correctly.

Our water board has a charter that allows them to place property liens on unpaid accounts.
They don't give a rats tail whose bill it is, how old it is, or if the owners are dead or alive, they will not return service until someone pays it.


(just a couple of reasons for lack of cooperation with the utilities)
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Old 02-18-2019, 06:55 AM   #21
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Re: A Monster Project


CardinalSyn, if I were you, I would only do enough work to make the house livable for you until you become the new owner. Also, you need to know if there are any tax or any other type of liens aka a "load" on the house. I think that you are digging yourself into a hole & you don't see it coming.
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Old 02-18-2019, 12:36 PM   #22
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The estate process you are describing is probate. Statute of limitations on probate is 5 years after which inheritance is automatic with a 30 day grace period when their is only one claimant. That's the local law here.

No liens on the property, taxes have been payed consistently every year.

The utility companies here do seem to care, that's not really an issue for me until the legal hurdle is met.

Making it livable is the primary goal. I am being cautious for what it's worth, I'm not going to do anything until the legal issues play out, except empty it out, which is just me doing a friend a favor.
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Old 02-18-2019, 05:58 PM   #23
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Re: A Monster Project


I know all about probate. Even if your friend is executor if the will, that doesn't help you. My point is, you could be screwed out of your money & work, if you're not careful. Just keep that in mind.
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Old 02-20-2019, 07:47 AM   #24
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Re: A Monster Project


Is there a way your friend can take out a HEL or HELOC or something based on the value of the property, give you the money to fix it up, then when the ownership gets settled, you buy the property for whatever he has sunk into it? You say you can afford $10K to fix it up. Your friend gets a HELOC for $10K, gives you the money, you fix it up. Then when title is clear to him, he sells you the place for $10K, essentially.
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Old 02-27-2019, 06:34 PM   #25
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Re: A Monster Project


Well, it wasn't the intended plan, as soon as the lawyer handed him the court order from the judge he sold the house to me for a 1$ along with all three properties on that side of the block, so now I own the entire west facing side of a city block, not sure how to feel about that but I'm not gonna look a gift horse in the mouth.

The other house is a mobile that I'm sure the city wants to be torn down, the roofs and siding are there but there's nothing left of the insides. The third lot has no has no house but a seedy looking 800 sq ft cellar on it. Aside from looking like the kinda place Dexter murders people, it's structurally sound. I wonder why someone built something that big? There are only 6 basements in the entire subdivision.

So now there's no second or third party involved so I guess its onto the utility companies.
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Old 02-27-2019, 06:52 PM   #26
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Re: A Monster Project


I hope it works out for you. Personally I get paranoid when some one wants to give me something for nothing.
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Old 02-27-2019, 07:10 PM   #27
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Re: A Monster Project


Don't feel guilty as moving legal ownership over to a responsible person is what needed to be done to salvage anything from that mess. Be sure all is legal and recorded so nothing can jump up at a later date and bite you.

As the other properties are cleaned up you will have some equity and the city will be happy. Once this house is restored and looking like a nice house you can decide if your friend deserves more than the $1. Some projects work out and some don't but with you as the owner this one at least has a good chance.

Best,
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Old 02-28-2019, 02:26 PM   #28
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Re: A Monster Project


They just want you to start paying property taxes on all the lots
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Old 02-28-2019, 08:28 PM   #29
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Re: A Monster Project


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They just want you to start paying property taxes on all the lots
At a whopping 1200 a year, I'm not terribly hurt. But that's the only thing this city has got going for it.
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