Probate Leads Question

[David Ojo]

Dear Fellow Wholesalers, I need some help..

I recently just started wholesaling and wanted to focus in on probate leads in my area. I went to the courthouse, paid for a couple months of probate leads, but I am having trouble on finding out if the property(house) is actually being sold; as "real property" could be a number of things.

There's a document sub-type(or filter) that states "Affadavit of Succession for Real Property" which seemed obvious, but when I looked up the definition, it stated "the person or persons signing the affidavit are entitled to the real property and the value of the real property is $75,000 or less."

There are other sub-categories, including Application for Informal Probate, Application for Formal Probate, Petition for Formal Probate, Petition for Trust. Before I start scrubbing this hefty list in the court office,

What happens to probate properties that are over $75K? Being that I don't want to be restricted by the fixated price of $75K, should I be looking into other sub-types that I should be looking into instead? Are there any other ways you all have found probate leads? Feel free to leave a comment or direct message me with ANYTHING you know. All advice helps. Thanks.

[Luke Lanier]

I'm not familiar with Arizona probate law but I can tell you that in Arkansas if the estate has a value of less than $100k the distributees are able to file an "Affidavit for Collection of Small Estate" and basically "skip" some of the rigors of the normal probate process.  For estates in excess of $100k they are required to go thru the full probate "Decedent Estate Administration" process.  I review both types of filings and see if there is any real property in the estate. 

I can also tell you I was able to glean some helpful information on the probate process/law simply by calling the County Clerk's office and a local probate attorney and asking very specific questions about the process.  Didn't cost me a dime but the information they provided was invaluable as far as helping me know where and how to focus my lead gathering efforts.  Hope that helps. :)