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The speaker recounts a situation involving a property they believed was resolved, considering it a lesson learned after losing money. Three or four days prior, they were contacted by a title company in Las Vegas regarding a cloud on the title due to an affidavit they filed. They discovered the property didn't need probate since it was in a trust, and upon the owner's death, it was intended for his siblings. The speaker explained they were scammed by the owner's wife and would not release their claim until compensated. They proposed a settlement of $4,500, leading to negotiations with the title company.