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Updated over 5 years ago,

User Stats

4
Posts
1
Votes
Suraj S.
  • US
1
Votes |
4
Posts

Probate Wholesaling: I Got the List, Now What?

Suraj S.
  • US
Posted

Hello everyone! I'm new to wholesaling in Central Jersey, and when I say "new," I mean new.

I'm 19 and made an arrangement with my parents--if they see me make $10k before the summer's over, they'll support me next summer. Otherwise it's back to the IT internship. *shudders*

So, here we go!

Today I went down to my county's courthouse and asked around for every list I could think of to start generating some seller leads. Special proceedings, pre-foreclosure, water outage...and the only one the county clerk responded to was "probate."

So, I spent $42 (didn't even know what the cost would be for a list, nobody ever mentioned that I even had to pay for it. Whoops!) and got 2 lists of hundreds of names. One is titled "Transmittal Sheet for Wills" and one is "Transmittal Sheet for Administrations."

Each entry looks like this:

  • Last, First: Doe, John
  • D.O.D: XX/XX/2019
  • D.O.P: XX/XX/2019
  • WILL_01 (or 02, 03, 04)

So, I'm assuming D.O.D. is the date of death for the person named, and the WILL # is for a type of will in NJ.

My questions are:

  1. What does D.O.P. mean (and is it important)?
  2. Am I supposed to SkipTrace the deceased person using just their name?
  3. What list should I be using: Wills or Administrations? I'm assuming one is unnecessary in this case.

Any advice on this would help a ton--I hope that at the very least, I'm taking action towards something.

Thanks!

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