wholesaling probate property

[Tyler Shagi]

I am new to wholesaling real estate and I just started some marketing and I came accross a property that is a probate. I was wondering how the process goes for assigning the property and if it is any different then just buying from a regular home owner.

[Rick H.]

In order to voluntarily pass (transfer) marketable (insurable) title, the grantor must have what I refer to as CPA's:

Capacity to act as personal representative, executor, administrator or similar fiduciary standing;

Powers as provided by either by legal statute or court;

Authority to make such transfer without further restriction (by court order or required noticing, for example).

This is about as simple as I can distill it down to. Maybe someone else has a better explanation.