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Updated almost 9 years ago,

User Stats

31
Posts
5
Votes
George Rodriguez
  • Investor
  • Aurora, IL
5
Votes |
31
Posts

Probate prospect and court approval ?

George Rodriguez
  • Investor
  • Aurora, IL
Posted

Hello BiggerPockets community ! I recently came across a selling prospect who has his property for sale in probate. The probate was recently initiated in Illinois and he is wanting to sell to me at below market value. My intentions with this property is to update it and flip it. It needs about 20k in updates. Am I in for a long arduous process requiring court approval and/or an independent appraisal of the home ? I'm asking so I know and can be prepared with how to handle and be a step ahead... 

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