All Forum Posts by: Mark Pedroza

Seeing a lot of over encumbered probate properties here in N CA and bypassing these.

Now that this topic has come up, I'm enjoying the responses and my thinking is taking me outside the box, again.

Mark (N-CA)

Sac/Placer counties

@Leyla Simsek Try Karen Brennan @Chicago Title (near Sunrise Mall) in Citrus Heights - 916-864-2708..

Your welcome..

Mark

Michael - Access Rick Harmon's website; 

http://RickTheProbateGuy.com for more info on;

P-roperty

E-quity

T-itle

I-nterest(s)

O-pportunities

Warm regards....

@Michael DuVentre  Probate laws differ from CA - OR and TENN. Run with your lead and and follow Rick Harmon's P-E-T-I-O.

Keep us posted and good luck!!!

Mark (N-CA)

Sac/Placer counties

@Ryan Hobbs  Remember, if no will then Letters of Administration. If the estate has Limited Authority and should make contact and while working your numbers ask the PR to petition the court for Full Authority. Whenever your in N CA I'll show you so-called "dad's) "Notice of Petition to Administer Estate of H Pedroza". Dad wasn't that keen to file a Trust or Will so everything was based on Letters of Administration and yes a Probate Purchase Agreement was used to liquidate a property in San Francisco. 

Court confirmation was not required because my step-mother had "Full Authority" to administer the estate without court supervision and the authority was never revoked BUT with Notice of Proposed Action (DE-165)

Mark (N-CA) Sac/Placer counties

@Ryan Hobbs Check out Rick Harmon's website http://RicktheprobateGuy.com And yes you will have to use the Probate Purchase Agreement and also attach your own Offer to Purchase Property if you already have one.

My own personal experience in probate I answered your question on another post of yours..

After you scan "Notice of Petition to Administer Estate" from your local adjudicated paper, your starting form is Petition for Probate (DE111) Order for Probate (DE-140) and Letters Testamentary and/or Of Administration (DE-150)...

Heir's know how to add - They don't know how to subtract - Rick Harmon

Mark (N-CA) Sac/Placer county

@Ryan Hobbs Research CA probate codes 10402 and 10552. Full authority to my knowledge means court confirmation is NOT required. But you will need a (maybe) Notice of Proposed Action (DE-165) if heirs who have an interest in the (probate) property agree with the terms and price. If you do need real estate forms in the future log on to  http://journal.firsttuesday.us/  There based in Riverside...

@Kate Horrell  There's 2 particular properties that you really wanted to buy and I hear your motivation. You've been sending letters/postcards to homeowner who recently passed once a year. Why not every 30-35 days?? No your not being rude but if the daughter is not motivated then "this" opportunity wasn't missed. Learn from this experience as a motivator as part of your business strategy..

Chin Up..

Mark (N-CA)

Sac/Placer county

@Dennis Lanni Probate leads that Brett is working on. Anything "do-able?" Since Monday June 2nd of this week 19 new probate case filings published in "The Daily Journal".  Still working on past filings. Have not checked Sac Bee, Elk Grove Citizen, Carmichael Times, Folsom Telegraph, Rio Linda News or Sacramento Gazette for this week..Any advice on how to structure filing system?? Just because there's a Starbuck's at 1429 Broadway necessarily doesn't mean it's a good area....

@Stephanie Brown, log on to:

http://journal.firsttuesday.us/

Then move your cursor to "Forms" to download. And there may be a price.

Good Luck,

Mark (N-CA)

Sac/Placer counties