Estate Sale purchase

[Tarcizio Goncalves]

Hello BP community,

I am going to look at a property tomorrow and hopefully put in my first ever offer on an owner-occupied investment property (triplex). This property is part of an estate so this will be an estate sale. None of the materials I’ve been reading or listening refer to estate sale. Just wondering if anyone purchased a property that was part of an estate and if so, what I need to look out for. What are the right questions to ask? One thing I noticed right off the bat is that there is a lack of information about the property from the seller.

Thanks everyone. I really appreciate all the help. 

[Wayne Brooks]

The only issue different than a normal sale is if the estate/PR has the legal right to sell it yet and occasionally the probate court must approve the sale price.