Probate purchase contract

[Zarah Bucoy]

Hello,

Have invested traditionally so am new to wholesaling. Was doing research and leaning towards probate deals. I have a regular purchase agreement contract but am wondering how I can change it so I can use it for probate deals instead. Any words of wisdom?

[Guy Olds]

@Zarah Bucoy If you're buying probate property from a PR it most likely will be a standard sale so you can use any contract you want. Since you're wholesaling make sure you can assign that contract.

Also, I'm not sure what a "regular purchase agreement contract" is. Contracts can be one pagers used by investors to complex 10 pagers used by real estate agents. 

Usually if you have to take a sale in front of a judge for court confirmation you will have to use the court approved probate contract. The percentage of all probate house sales going for court confirmation will vary depending on your state.