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Updated almost 8 years ago on . Most recent reply

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10
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Edward Pimentel
  • Taunton, MA
0
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10
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getting started... wind out of my sails - Massachusetts

Edward Pimentel
  • Taunton, MA
Posted

so i took a couple days off from my JOB and wanted to start looking into getting started. With little money to spend I decided i'd head down to my local county probate office to see if i could get some leads on probate estates. I get there and find that it's not easy at all and would kill a lot of time. I didn't know what to look at. I sat at a computer they had and found that all it could pull for me was a list of cases but there were no electronic records about the cases. I can only pull up to 3 cases at a time and up to 10 if I ordered the day before. Pulling the cases was like firing into the dark and I pulled 3 cases that were worthless. 

Moving on. I have a draft of what i wanted to use for a contract for the seller and want to make sure it legally covers me to a) assign the contract and b) allows to back out if I can't line up a buyer for a property. I googled a list of real estate attorneys and decided I'd reach out to see if someone was familiar in wholesaling deals and if they could look at this form. I spent 1 hour talking with this gentleman in his office only to be told this is not a viable solution and that the forms i'd need to use would need to be a P&S approved by the state of Massachusetts.

Someone, please help to put the wind in my sails so I can look for some sales. If you are from MA and can provide some guidance as to how to find an attorney in the South Eastern area of MA who will not just shoot this down and will know what I am looking to do, please let me know. 

As for the leads, I'm going to have to just allocate some funds to get started with marketing and lists of motivated sellers. 

Most Popular Reply

User Stats

29
Posts
9
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Tory Kelliher
  • Investor
  • Norwood, MA
9
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29
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Tory Kelliher
  • Investor
  • Norwood, MA
Replied

@Corey Melkonian I'm not sure I completely understand, you stated the seller died. Were you in contact with this person before death? Did they list their property for sale before passing or did you just find out about the property after the fact? How do you know there are no living relatives? When someone dies without a will it's what they call "intestate". In this scenario the case will go to an attorney who receives state appointed cases such as this. That attorney will confirm the existence of any heirs etc. If there are none the property will go to the state of Massachusetts.  This rarely happens because the laws are setup to give the property to anyone who is even remotely related to the deceased owner. Your best bet is to find out what attorney is being appointed this estate and contact him/her directly. Chances are the property will eventually be put on the market, but with any luck there is a remote relative who will receive the property and just wants some fast cash. You may be able to make the estate attorney an offer directly and snag the property before it hits the market. 

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