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Updated almost 2 years ago on . Most recent reply

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Courtney R.
  • Wholesaler
  • Los Angeles CA
2
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4
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Probate Sales and Wholesaling (New Wholesaler)

Courtney R.
  • Wholesaler
  • Los Angeles CA
Posted

Hi everyone!

I'm a new wholesaler, targeting the Southern CA area.  Has anyone had any experience with flipping contracts that were probate sales, not subject to court confirmation?  Per my trusty AI assistant, this can be done, but I'd appreciate confirmation from someone who has done this before, or is aware of the process.

Thanks in advance!

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Don Konipol
#1 Tax Liens & Mortgage Notes Contributor
  • Lender
  • The Woodlands, TX
9,081
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Don Konipol
#1 Tax Liens & Mortgage Notes Contributor
  • Lender
  • The Woodlands, TX
Replied
Quote from @Courtney R.:

Hi everyone!

I'm a new wholesaler, targeting the Southern CA area.  Has anyone had any experience with flipping contracts that were probate sales, not subject to court confirmation?  Per my trusty AI assistant, this can be done, but I'd appreciate confirmation from someone who has done this before, or is aware of the process.

Thanks in advance!

Admiringly I’ve bought deals out of probable in only two states, but in both I was vetted for the ability to close the transaction very thoroughly by the trustee who had to provide details on my ability to perform in order to obtain court approval. 
  • Don Konipol
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Private Mortgage Financing Partners, LLC

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