Investing tips · ForeclosuresDaily.com

Probate Investing Tips: 10 Ways to Win More Estate Deals

These ten probate investing tips come from what works with executors and heirs: timing, tone, clear offers, and patience. Use them to win more estate deals while treating families with respect.

ProbateHeirsEstatesUpdated dailyInvestorsAgents
Probate Investing Tips: 10 Ways to Win More Estate Deals
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Search demand

What investors search for

Executors search for help with selling, timing, and paperwork.

8,100/moExecutor of estate
6,600/moLetters testamentary
1,300/moProbate sale
720/moSelling a house in probate
$12.04Cost per click, Selling a house in probate
Ten tips

Ten probate investing tips

  1. Time your first contact. A few weeks after the case opens is often better than the first day.
  2. Write like a person. Short, plain letters outperform glossy mailers.
  3. Lead with options. Explain listing, as-is sale, and buyout so heirs can choose.
  4. Confirm authority. Only the appointed executor can sign. Ask for the letters.
  5. Know the court rules. Learn whether your state requires court confirmation.
  6. Offer to help with cleanout. Removing belongings is a huge relief for distant heirs.
  7. Be flexible on closing. Let the family pick a date that works around the estate.
  8. Follow up for months. Many executors decide after the holidays or the first tax bill.
  9. Keep notes. Track every call, letter, and promise.
  10. Respect contact rules. Check the Do Not Call list and texting rules before outreach.
Sources

Where these tips work best

ForeclosuresDaily.com has supplied off-market seller leads since 2004, with new probate and pre-probate leads added daily. See our probate real estate leads or read the full probate real estate guide.

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FAQ

Probate investing tips: FAQ

What is the best way to contact an executor?

A respectful letter is usually the best first step, followed by a phone call that follows Do Not Call and telemarketing rules.

How many times should I follow up?

Several times over a few months, spaced out and always polite. Stop if the family asks you to.

Should I offer a cash price in my first letter?

Usually not. Start by explaining how you can help and ask to learn more about the home.

This guide is general information, not legal or tax advice. Rules vary by state, so talk with a local attorney about a specific situation.

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