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 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.
Are you Competing For Real Estate?
Off-market homes may be for sale but are not on multiple listing services (MLS). Unfortunately, circumstances like probate motivate a seller to sell. There may be a financial dilemma or a death. Owners are looking to exit the property quickly. Keep one step ahead of your competition with ForeclosuresDaily.com.
Real Estate Under Value in Denver, CO?
When someone passes away, their estate goes through a legal process called probate. Another critical point is that the estate executor can sell the real estate. The executor generally 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:
- 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 an executor being a real estate professional are remote, and disposing of the real estate is essential.
Specifically, probate real estate leads, in actuality, are inheritors of properties motivated to sell for various reasons. Probate leads consist of deceased homeowners who may have paid off their mortgage or had a low mortgage balance and a significantly higher percentage of equity than traditional retail sales. Could you negotiate a fair price with the potentially motivated seller for a significant profit margin? Sign up for the probate leads platform. Sign up for our probate leads platform in Denver, CO.
Probate Leads Tips in Denver, CO
As an illustration, to profit from probate houses, you must have the facts first. Finding real estate that has yet to reach the retail market is essential to your success. As an illustration, the basic structure of your budget and goals will reward you with a successful profit. Houses with equity 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.
Finding a lender is an essential step. Lenders are in business to make money. Getting favorable lending terms is necessary. In particular, lending terms are crucial for renovations. For this reason, finding real estate to lend money for a profit is critical to the lending business model. In the final analysis at ForeclosuresDaily.com, we gather the undervalued houses for you.
Generally, a wholesale deal is a short-term real estate investment strategy investors use to realize relatively fast profits. 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 and write a check for a quick deed transfer or double close strategy.
Double Close Strategy with Probate Leads
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 the 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. Sign up for our probate real estate leads platform in Denver, CO.
Networking Probate Leads in Denver, CO
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 and Contractors and Realtors for your flip. Meet our staff and customers at a National Real Estate Investors Association (REIA) event near you.
Probate Leads are Motivated Sellers in Denver, CO
Generally, a “motivated seller” is a property owner willing to sell below market value. The term could also refer to someone who would considerably sell their property with terms that favor you. For example, favorable real estate terms include no money down, interest only, or creative financing. Another critical point: Often, a motivated seller has a strict timeline that they are trying to meet. For instance, real estate is a financial burden that needs to be sold quickly. With this in mind, Investors are prepared to purchase within hours. The adage, ‘If it sounds too good to be true, it probably is,’ is only sometimes correct. Certain real estate investments buck the trend and are the exception when capitalized effectively.
Marketing Probate Leads in Denver, CO
To emphasize, marketing is your first important step. To put it another way, “The early bird gets the worm” and “The squeaky wheel gets the grease” are crucial to success. For this reason, I would like to point out that finding the owner or person who can execute a deed is the goal. As an illustration, you can start with a unique 4-6 week mailing campaign. Also, handwritten letters with colored envelopes and distinctive markings are proven methods. Together with postcards with pictures imprinted with the real estate, it is a fast and exceptionally effective way to communicate your intentions. Sign up for our probate real estate leads platform in Denver, CO.
Why do Heirs often Sell Houses Under Market Value?
Executors often have a personal or close professional relationship with the decedent. In addition, they are likely going through a grieving process themselves or under pressure to help grieving heirs quickly settle the estate. Executors most likely did not pay the mortgage every month, so any cash received from the sale is a windfall. Finally, the odds of being a real estate professional are remote. 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. Heirs are keen to sell due to various reasons. They are leaving plenty of room to negotiate a fair price. Coupled with our real estate leads, you can profit significantly.
The probable reasons,
Living and working in another state or country
Need money instant cash
Unnecessary burden and have no interest in spending money on repairs