What is the first step to sell a joint owned property of 4siblings who have all agreed to sell said property
5 Answers from Attorneys
Once a buyer is found, all 4 siblings must sign a contract of sale in their capacity as the sellers. When the parties are ready to close title, all 4 siblings must appear in person or by power of attorney at the closing to have the closing documents executed.
The first step is to find a buyer for the house. Once that's accomplished, hire a lawyer to walk all of you through the process after that. Contact me If you need help finding an agent ot help you finding a buyer.
Once you have found a buyer you will need an attorney to draft a contract of sale and walk you through the sales process.
I agree with the other authors. Sometimes a broker is needed to obtain the Buyer, then a good real estate attorney can assist you through the process and the closing.
Do you have a buyer? We have substantial experience handling these types of cases and very reasonable fees. However, we would need some more information before making a complete and proper determination. You are welcome to contact us for a free consultation.
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