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Updated almost 12 years ago on . Most recent reply

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James Peoples
  • Investor
  • Atlanta, GA
30
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104
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Probate Help

James Peoples
  • Investor
  • Atlanta, GA
Posted

Hello All,

I'm new to probate investing. I've done my research, read books, listen to many podcast and watch many you-tube videos on the subject. I know how to look up probate file on my counties website. The only problem I'm having is actually applying the things I've learned and taking action. I'm in California, so even If I wanted to make an offer on an property. I don't know what's the right contract to use when making offer. Do I use the California Association of Realtor purchase agreement contract or do I consult a real estate attorney and have them draw one up?

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Rick H.#4 Marketing Your Property Contributor
  • Lender
  • Greater LA/Orange County area, CA
3,549
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Rick H.#4 Marketing Your Property Contributor
  • Lender
  • Greater LA/Orange County area, CA
Replied

As I read the thread, it seemed like the original poster was fearful of forms. I say, don't focus on the forms; focus on the benefits that your seller seeks to receive and how your proposal meets them. The price and terms can be listed on a napkin for that matter and given to an escrow officer at your title insurance company.

Forms drive me nuts. Form ABC gets amended, then you have the old and new floating around, then it gets changed to XYZ but in triplicate. Forms are a distraction and merely serve to accommodate people who wish to make transactions fungible and commoditized.

You can create a meaningful offer using just 7 or 8 line items. Perhaps less. Try it. Use lots of white Space!

It's a great treatment for form-a-phobia and frees you to do the deal(s) you want

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