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Steven Padilla , a top real estate agent in the Los Angeles metro and a specialist on the probate process, echoes Rhyne’s statements on waiting for more instructions before you clear anything out or claim items. Setting up a bank account for the estate to accept final incoming deposits and pay any final bills. You need authority.”.
If your investment focus is on pre-foreclosure, foreclosure, bank-owned property (REOs), or probatesales then you are likely to be purchasing resale properties. One reason is to keep their sales up and debts low in order to be able to attract lender financing so they can build more property.
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