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Daniel Paloscio
  • Lender
  • Tampa, FL
94
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228
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When can I contract a probate in Florida?

Daniel Paloscio
  • Lender
  • Tampa, FL
Posted May 6 2015, 15:19

Hey guys,

I have been talking to the executor of an estate here in Pinellas County Florida and we have agreed on a purchase price. She is ready to sign a contract but the estate isn't settled yet. She said she's still waiting on final approval to sell the property. It's only been in probate for about 6 months and most properties I've bought in probate were usually more than 10 months old. The executor also has 2 other siblings and they are to split the proceeds of the sale between the 3 of them. My question is can I get the property under contract, having all the heirs sign the contract, and schedule the closing date on or before 11/20/15 (more than a year after probate started)? Or do I have to wait until she gets the paperwork that says she can sell to execute the contract? I want to lock the property up now so I don't miss out on the opportunity as the months pass. If an executed contract isn't valid yet is there any other way to secure the property?

Thanks,

Danny

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