Unique Situation: Early Positioning to Buy Estate Owned Property

[William Coet]

Waiting for an estate to settle and looking for ideas on how to position so that an estate would be more likely to choose an offer in a multiple offer situation.

Some ideas:

-Have all title work done early so it can be easily and quickly updated and then approved by attorney.

-Place approximately 75-80% of the purchase price in escrow with the estates attorney so that they know the cash will be there.

Any ideas on these suggestions or new ideas are welcome.

Thank you!

[John Underwood]

Make an offer now. The court can approve a sale and the money be put into the estate before probate is closed.

Get an option to buy the property after the estate is closed.

Get under contract to buy when the estate is closed.