I am sure what I am about to write may seem crazy or a bit silly to even be mentioned but here it goes...
Friends, Please allow me to start by saying a seller cannot sell a property that does not belong to them unless they are a licensed agent, broker, or a power of attorney (of which this needs specific real estate language and needs to be filed of record).
All day long we hear from people wanting to sell properties they do not own. This is not okay. If it were, I would sell my neighbors house and pocket the cash. Heck , let's face it we would all be selling someone's house. Let’s think this through here... Are we allowed to take things that don't belong to us? The answer is NO, that would be considered stealing.
The owner is the name of which the property is vested in. Vested means "in title" or the name on the last deed of record to which the property was conveyed. If that name does not match the name on the contract, please be wary contact a title professional or an attorney for advice. Do not give these people your earnest money. Many contracts have new terminology in them now stating that the BUYER will do their own Due Diligence to find out if there is anything strange going on.
Please let me help you avoid title complications, talk to me or an attorney before you sign the contract.
