Best Way To Purchase Estate Property - NY
I am trying to buy a property in Long Island that has been in probate for over 10 years. It was my (great)aunt's home and has gone unresolved because distant cousins want there part, my grandmother has been renting it over the years. I want to purchase and finally get the distant cousins out of the picture, do some repair and then rent again. The house has no mortgage currently and I would need about 2/3 of the value to settle the matter. I would like to handle this as soon as possible with little questions. Would it be best to find a hard money lender or attempt to go through a conventional lender? Any other suggestions on how to make everyone happy? <IMG SRC="images/forum/smilies/icon_confused.gif"> [ Edited by MBoggs on Date 03/05/2004 ]
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