Probate

Has anyone had any luck with finding good deals that are in the probate process? I understand that this is a very good way to have all most no comp from other investers.

Comments(2)

  • seedgrape25th September, 2005

    Yes, I ama broker practicing in Walnut Creek, California and I have successfully sold a couple
    of probates to clients, who will attest to this.
    The downside is that there is only one contingency
    and that is for loans and you must see the property
    prior to making any offer. This means any inspections that you pay for will not be rebated, if you do not conclude the sale. the other downside is that the
    deposit is usually 10% of the sales price. The upside
    is that there is a lot of profit and the court will allow
    you to go into escrow and to get title insurance.
    Please call me for referrals 925-938-9026

  • seedgrape25th September, 2005

    Yes, I ama broker practicing in Walnut Creek, California and I have successfully sold a couple
    of probates to clients, who will attest to this.
    The downside is that there is only one contingency
    and that is for loans and you must see the property
    prior to making any offer. This means any inspections that you pay for will not be rebated, if you do not conclude the sale. the other downside is that the
    deposit is usually 10% of the sales price. The upside
    is that there is a lot of profit and the court will allow
    you to go into escrow and to get title insurance.
    Please call me for referrals 925-938-9026

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