About Company

The first property happened much by surprise out of a botched property purchase when the sellers were unable to complete the sale and deliver a “clear title” due to a then unknown and later unresponsive owner while a pending property tax lawsuit filed by the county threatened loss of the property. The process of locating the dissociated owner, discharging the tax lawsuit, and working through the curative title work to bring the property to good standing was a learning experience to say the least. This was a pet project of sorts that required two years of work, a private investigator’s help, multiple attorneys, and even a new lawsuit to complete. While sharing this experience with the local real estate community, it became clear that thousands of properties shared similar fact patterns.

Many executors and administrators, as well as attorneys and others interested in the administration of estates, find they lack the time or expertise to handle the most complicated searches. One of the most significant problems is locating disconnected family members or heirs of such estates. Through our international network of private investigators coupled with inhouse resources, we have been able to globally locate the identities of missing heirs with high success rates.

ARP found that it became easier and more efficient to purchase the properties, or even partial interest in the properties, from the known and friendly owners without the title insurance to resolve the problems as an owner, thereby, relieving the property owners of the burden and effectively taking their place.

Reasons a property cannot sell traditionally but are acceptable to ARP include the following:

• Not all owners or heirs of the property agree to sell.
• Not all owners or heirs of the property are identified or are able to be located.
• Judgements/liens attached to the owners of the property or the property itself are more
costly than the property itself.
• Orphaned estates where the probates were filed but remained incomplete, or even fraud
committed by the Executor, Administrator or Trustee.
• Land locked property.
• Improperly executed property tax auctions of property.

ARP’s calling became clear after completing several transactions that were uninsurable by title companies and the calls began rolling in.

“After my divorce settlement my husband and I owned our old rent house fifty-fifty, but he won’t let me sell it.”“Our grandparents passed away forty years ago. We have no idea what went wrong but a cousin
is living in the house and I was told I own part of it but am unable to get help from any
attorneys.”
“My brother and I inherited a ranch and he’s not paying his share of the property taxes. Now I
just got served by the sheriff in a tax lawsuit and I want out of this bad situation.”
“My sister is the Executrix of my mom’s will and she won’t show it to me, but the house needs
repairs, and the city wants to demolish it.”
“My home is in foreclosure and the bank is refusing to provide the payoff statement to me.”

Eventually it became apparent to the Founding Partners at ARP that no other company in the state of Texas were willing to offer this type of relief to a broader marker because financing is generally not available to support a business of this nature and it must rely solely on the financing of the Partners due to the high risk of the company assumes when purchasing assets or “shares” of property in this way.

Strong knowledge of the Texas codified laws is required to resolve most of these cases. ARP has spent countless hours in the Texas courts side by side with its attorneys learning exactly how to succeed at this specialized type of transaction and real estate litigation. Additionally, title companies operate by a set of guidelines that direct their underwriting of title insurance and generally excludes transactions of this nature. The typical real estate operator and/or purchaser is unable to facilitate the types of transactions that ARP thoroughly handles because typical operators are unable to completely understand them.

Most property owners of problem real estate become exhausted dealing with dysfunctional siblings, long lost relatives they have never met, legal exercises that requires time, patience and money, overreaching neighbors, ex-spouses with a grudge. As unpleasant as these examples are (and yes, they are) we learned that we are great at bringing resolution to these matters. And what is even weirder is that we kind of like it. As matter of fact, something straightforward does not do it for us anymore. If owners of an asset do not have something unbelievable or unsolvable after multiple attempts at resolution, then we want in; we will take the call and listen to the story. This is who we have become, the Asset Resolution Partners.

We are proud to say most of clients are the fed up advisors who can’t solve their customer’s problem, either economically or academically. 75% of our clients are attorneys, relators, wholesalers, title companies, banks, or financial advisors. The other 25% of our clients are those asset owners and families that are fed up themselves, who come to us directly by word of mouth.

ARP is able to accommodate property transactions that others are not because it maintains institutional knowledge of the very small area where the small scope of Texas laws, attorneys, judges, title companies, and most typical real estate operations all overlap in a very minute place. That space is where ARP operates.