Pre -probate Real Estate Leads
Sold 25 Properties with Probate Leads
When someone passes away, their estate goes through a legal process called probate. In particular, the executor is the person responsible for the authority of the court to sell the property. For this reason, The executor ensures the property is sold at fair market value. However, in some cases, moving the real estate fast and settling for a lower offer is necessary.
This could be for several reasons, such as:
- For instance, the estate is facing financial difficulties and needs to sell the property quickly
- Living and working in another state or country and having no plans to return
- Need money
- Unnecessary burden and having no interest in spending money on maintenance.
- Selling for instant cash
- Finally, the odds of being a real estate professional are remote
Another critical point is that Pre-probate real estate leads are sellers motivated to sell for various reasons. With this in mind, many deceased homeowners may have paid off their mortgage or had a low mortgage balance with significant real estate equity.
Finding Deals?
ForeclosuresDaily.com Difference
A “motivated seller” is a property owner willing to sell the home below market value. For this reason, the term could also refer to selling with terms that favor you. In particular, sellers often have a strict timeline they are trying to meet and need to sell quickly. Specifically, finding a seller that needs to sell at wholesale pricing. The adage, “If it sounds too good to be true, it probably isn't.” Certain real estate investments buck the trend and are the exception when capitalized effectively.
Nicolas Chacon
Tips for Pre-probate Leads
As an illustration, to profit from financially distressed properties, you must have the facts first. For this reason, financially distressed properties that have yet to reach the retail market are essential to your success. A point often overlooked in a business plan structure is the budget and goals. Your budget will reward you with a successful profit. For example, Focus on houses with equity since this is the value of the real estate. This value is what you use in planning budgets for renovations and marketing. After the upgrades, the overall value will increase. In the final analysis, equity and capitalization starts with a plan to purchase houses for profit. When borrowing capital is part of your business plan, entering and exiting real estate with a timeline is essential for a profit. Lenders are in business to make money. Getting favorable lending terms is necessary.
Pre-probate Leads= Below-Retail Price
Generally, a wholesale deal is a short-term real estate investment strategy investors use to realize relatively fast profits. Pre-probate real estate leads help you find houses that can be purchased for less than their market value. Once a property has been identified, one of two wholesale strategies is to pay cash for a quick claim deed transfer or double close strategy.
Double Close Strategy: Pre-probate Real Estate
As an illustration, as its name suggests, the double-close strategy is to have the right to real estate with minimal investment outlay. In particular, a contract assignment gives the sole right to sell real estate. Then, turn around and sell for a profit in a short period. As a result, this is considered a fast flip with little cash investment.
Networking Pre-probate Real Estate
A point often overlooked is networking. To begin with, Investors and others in the real estate profession attend real estate meetups and clubs—an excellent resource for lining up financing, contractors, and realtors for your flip. Meet our staff and customers at a National Real Estate Investors Association (REIA) event near you. Sign up for our Pre-probate real estate leads platform.
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Are you Competing for Real Estate?
First, off-market real estate is for sale but has yet to be listed on multiple listing services (MLS). It’s not publicly advertised and is an excellent buying opportunity off the retail radar. In particular, financial dilemmas may arise, and an owner is looking to exit the property quickly.
Houses Under Value: Pre-probate Real Estate
Pre-probate lead is when someone passes away and is a homeowner. The estate's administration of the real estate is unknown. There are indicators that this lead type will convert to a probate lead. Equally important, heirs sell real estate without court intervention and are part of Estate Planning. Heirs sell real estate property at fair market value. For various reasons, in some cases, moving the real estate fast and settling for a lower offer is necessary. Certain real estate investments buck the trend and are the exception when capitalized effectively. We do all the research so you can concentrate on being more competitive.
Who Are We?
We have been supplying the hottest Off-the-Retail-Grid-Real Estate Leads since 2004. Equally important, many of our customers come by referral. Our products include Pre-probate real estate leads entering the wholesale market. Getting you first on the scene at warp speed with a real estate seller separates us from others. Doing the research will save you time and money so that you can focus on activities such as wholesaling, rehabbing, and flipping. Furthermore, we gauge our success as a company by the success of our customers.
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