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Updated over 3 years ago on . Most recent reply

User Stats

61
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20
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Justin Hayden
  • Specialist
20
Votes |
61
Posts

Probate deal using hard money

Justin Hayden
  • Specialist
Posted

Hi Everyone,

My grandparents passed away 23 hours apart with no will from COVID-19.My step-grandmother died last, so in VA her family was entitled to her estate.

1. I have two questions. If I were to purchase my grandparents house from my grandmother’s estate do I need a realtor to write up a contract, or would a intent to purchase agreement be sufficient?

2. I plan on using hard money to fix the property and hold it as a rental. Since I will be technically paying in cash will the a realtor be required? My grandmothers family will be using a probate attorney to review my offer.. they want to cut down on all fees. I don’t have a problem using a realtor. I just wanted to know if it was a must.

Thanks in advance!

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