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Updated about 11 years ago on . Most recent reply

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Reuben Stewart
  • Anaheim, CA
31
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48
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Amazing Probate deal in CA

Reuben Stewart
  • Anaheim, CA
Posted

So im in a hard place right here. and i need help ASAP...

I recently ran into a seller i got from one of my marketing tools, and his situation is as follows...

His fathers is the owner of the house, the father died 6 year ago, and the son never took the property to probate , and the father did not leave a will. The son is losing the house to a tax sale for a whooping $4,964 he just doesnt have the money. He is will to let the property go for $7000 YES BP i said $7,000. The property is worth 94k and had been boarded up and broken into by drug additcs mostly everything was stolen and the property needs about 30k in repairs.

Now the problem here is how do i get around the probate situation, i know ive read in Ca somewhere if the property is being sold for under 50k its dosent need to go through the normal probate system. He is the only living child left.

Whats my options here any good advice?

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

Rueben - you have what I call an exigent (pressing problem) pre-probate deal.

They are tricky, often complicated and fraught with legal ramifications. It also happens to be my specialty type deal.

I don't teach this type deal in my classes however I do pay generous fees to sources. I'm not in the business to teach others my proprietary secrets plays.

You can have your guy learn more at closeprobate.com or he can call my office [phone number removed] while you are with him, so you are both comfortable.

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