Why executors often sell properties under market value?Often, executors have a personal or close professional relationship with the decedent. That means that they are likely going through a grieving process themselves, or under pressure to help grieving heirs quickly settle the estate. The heirs or the executor most likely o paid the mortgage for the home every month, so any cash received from the sale is usually seen as a windfall. Finally, the odds of an executor being a real estate professional are remote. All of these factors mean that the executor may not be willing to go through the time, effort, and money it takes to get top dollar for the decedent’s property. A high number of deceased homeowners have either paid off their mortgage or had a low mortgage balance. Typical probate lead has very high equity, leaving plenty of room to negotiate a fair price to the seller and giving you potential for a great profit margin.
Probates real estate leads are in actuality inheritors of properties who are keen to sell off the properties due to various reasons once the probate process on inheritance is over. The probable reasons for their minimal interest in the probate properties are –
Living and working in another state or country and have no plans to return.
Equally importance of money.
Unnecessary burden and have no interest in spending money over maintenance of the inherited properties.
Selling for instant cash
Who uses our listsNew and seasoned investors. In addition Realtors, Attorney’s, Hedge Funds and a wide variety of other real estate professionals on a nationwide level.
Unique real estate marketingMarketing probate real estate leads, we recommend using a 4 to a 6-step mailing campaign over the next 6 months. Being first at the door and being consistent with marketing is very crucial when you are investing. In view of, “The early bird gets the worm” and “The squeaky wheel gets the grease” is the key to success. Using unique marketing techniques will also help ensure that your mail gets opened. Unique Marketing techniques include, different sized envelopes, colored letters, handwritten letters, special markings. In addition, statements on the back of the envelopes can also help. Postcards are the latest effective method.
Benefits of using our listsReal estate wholesalers find off market real estate in many ways. Firstly, us doing their research will save them time to focus on revenue generating activities such as, wholesaling, rehabbing and flipping properties. A realtor can benefit from using our lists by increasing their listings and lead generation. Finding good deals that they otherwise would not have found. An attorney and realtor can benefit from using our real estate leads. Secondly, using our lists, you will have access to the hottest probate real estate leads nationwide, Be the first one to hook up with a motivated seller. Beat the competition and get properties with actual equity from motivated sellers. Finally, will learn insider’s tips and gain a competitive advantage. Equally important, we can gauge our success as a Company, is by your success as a client.
What’s the difference between Pre-Probate and Probate?The difference between a Probate and a Pre-Probate is;
- Probate has already been filed in the Court.
- Pre-Probate means that the Probate has yet to be filed.