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Updated over 9 years ago on . Most recent reply

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121
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Jeff Sheraton
  • Wilmington, DE
36
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121
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Probate Sales

Jeff Sheraton
  • Wilmington, DE
Posted

I am interested in taking a look at potentially investing in probate sales?  Has any one had any experience good or bad?  How do I go about getting a list of the sales in my area?

Most Popular Reply

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Rick H.#4 Marketing Your Property Contributor
  • Lender
  • Greater LA/Orange County area, CA
3,548
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3,866
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Rick H.#4 Marketing Your Property Contributor
  • Lender
  • Greater LA/Orange County area, CA
Replied

Lots of moving parts in a probate deal, especially if you're just thinking about maybe doing something someday. 

Better plan: study what makes a deal for others and work foreclosure and tax lists for properties with a deadline situation. Become a finder for experienced investors who have money and give you feedback.

Then, work deals for your own account once you understand how they come together. This might include inherited property where the owner(s) have already completed probate process or received via distribution, admin or deed from trust.

Your post does not sound like someone about to burst if they don't take action. That needs to change.

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