Probate Sale. Probate sale is one that involves a deceased Seller(s) and the property is being sold either traditionally and or coupled as a short sale. Many of these properties are without any type of mortgage and can be purchased right especially if the Seller’s heirs are out of state and the property needs cleaned out or requires lots of repairs.
Most Sellers are anxious just to get the sale over with because of the ongoing monthly expenses that many are paying from their own personal accounts. Some properties may have foreclosure issues and most all have estate attorneys that have already cleared the way for the sale. Many of these properties are great deals and some may offer Seller financing.
Probate can be completed with or without an attorney. Best to do with an attorney if you do not know what you are doing and also have confidence that the attorney will also work with you.
Most sellers are tired of it by the time that the investor is involved. Many have paid for a funeral with money they did not have. A retainer to the attorney and continuing monthly bills for a mortgage, taxes, insurance and utilities that is quickly draining them. Usually the property has a large accumulation of personal items and lots of unwanted debris that needs disposed of.
Most properties need lots of work and not presentable to a retail buyer. The heirs just want to sell it and be done with it all.
To learn more about the amazing profits of probate, please visit our website or contact us for more in depth information. Have questions…please contact us.
Clint Cohen is a renowned national expert and guru mastering in investing and creative real estate solutions. Clint is also a national award winning builder, remodeler and developer with over forty years of success.
Clint has authored several books and has created exclusive paperwork for all his business. www.truthofrealestate.com/profits
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