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Updated over 6 years ago on . Most recent reply

User Stats

56
Posts
17
Votes
Marc Roberson
  • Real Estate Agent
  • Wellington, CO
17
Votes |
56
Posts

Steps for probate wholesaling? Just sent out 60 letters

Marc Roberson
  • Real Estate Agent
  • Wellington, CO
Posted

Please correct, add to or demolish these. Just from what I have gathered so far. Steps:

-Contact leads

-Get information on house & see it

-Agree on price

-Get under contract

-Set up the close

(Title & Buyer stuff, not sure when)

As title mentions, just sent out 60 letters. My county's records are all online and the counties around me. Someone who does this said 20/week was a good amount. 

Do you also call the fiduciary or just mail them? all of their numbers are also listed.

Most Popular Reply

User Stats

835
Posts
679
Votes
Sharon Vornholt
  • Goshen, KY
679
Votes |
835
Posts
Sharon Vornholt
  • Goshen, KY
Replied

Hi @Jonathan M. - I love working with probates. And yes, the process differs from state to state, and each one of the 3300+ counties has a little different process.  You can Google the process for your state.  It's actually pretty easy to do.

The thing to focus on is that these folks have a problem; they have a house that they must sell (in most cases) before the estate can be closed.  You are a problem solver that just happens to involve real estate. That's the business you are in. The problem solving business.

If you work probates with that mindset, you will do great.  There is a lot of info here on BP and also on my blog.  Just learn all you can.  Best of luck.

Sharon

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