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What is a Probate Sale? Answering 4 Big Questions About This Tricky Transaction

HomeLight

You’re interested in buying a house, and someone told you about probate sales. But — if you’re being honest — you really have no idea what a probate sale is or how it works. What is a probate sale? How does a probate sale unfold? A probate sale can be complicated and take time.

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The Role of a Probate Realtor® And When You Need One

HomeLight

Simply put, if you’re trying to buy or sell a home, and the home’s owner died without a clear trust, you may need to start looking for a probate real estate agent to help you through the process. Here we’ll explain how probate home sales work, as well as the actions you can take if you need to start a probate sale.

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8 Red-hot Real Estate Niches That Can Double Your GCI in 2024

The Close

You’ll be the agent everyone turns to when you learn the ins and outs, pitfalls, tips, and financing secrets of successful real estate investors. Probate Sales When a homeowner dies, a property typically has to go through some type of probate court before it can be conveyed to a surviving family member or person named in a will.

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6 Ways to Find Probate Leads & Purchase Probate Properties

The Close

How to Buy Probate Properties Petition for Approval of Sale of Real Estate example (Source: State of Michigan ) Finding out how to get probate leads is the initial challenge to the probate process, but after obtaining the leads and coming to an agreement, you go through the purchasing process.

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Benefits of Investing in New Construction Real Estate

Marco Santarelli

If your investment focus is on pre-foreclosure, foreclosure, bank-owned property (REOs), or probate sales 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.