L
lee1100
Guest
What is the name of your state? nh
I and my brother aquired my parents home by quit claim deed from our father.
we now want to sell the property and discovered with our own reasearch that there was some past leins of a substanial amount, that was on the title that they had incured. It also seems that when my mother died 15 year ago that a probate was never done, and leins from bills from her death. my question is i , we went to an attorney for help, with the agreement that his fees (which was stated to be from $X price to$xxx price plus the cost of any unknown cost of unexpected findings),would come from the sale of the property. Now he wants us to sign a morgage to him of the property and waive all right of homestead, and the sale price of the home must be a fair market apraised price and not what we may want to ask. also if the home doese not sell in the period of one year he can demand payment payable within 30 days or he may forclose on the property at that time.
Doese this sound like a fair legal practice? or are we signing away our property and rights? my first instinct is to run away
I and my brother aquired my parents home by quit claim deed from our father.
we now want to sell the property and discovered with our own reasearch that there was some past leins of a substanial amount, that was on the title that they had incured. It also seems that when my mother died 15 year ago that a probate was never done, and leins from bills from her death. my question is i , we went to an attorney for help, with the agreement that his fees (which was stated to be from $X price to$xxx price plus the cost of any unknown cost of unexpected findings),would come from the sale of the property. Now he wants us to sign a morgage to him of the property and waive all right of homestead, and the sale price of the home must be a fair market apraised price and not what we may want to ask. also if the home doese not sell in the period of one year he can demand payment payable within 30 days or he may forclose on the property at that time.
Doese this sound like a fair legal practice? or are we signing away our property and rights? my first instinct is to run away