Does anyone have recommendations for finding probate deals in St. Louis? I contacted the Circuit Clerk and got NO response. I recall a couple podcasts mentioning using newspapers, but has anyone had success using other sources? What has worked best for you?
Frankie - I don't work the St. Louis market however I'm certain it's no different that any other market in America, although all real estate is truly local.
Here's the formula: people die leaving behind stuff that has value and their heirs or beneficiaries want to turn their stuff into spendable money. That much you already knew.
The job of the court clerks is to archive public files, but it's generally doesn't require them to compile lists for commercial use. That's your responsibility to either go to the courthouse, pull each probate file and capture the info you want, or hire someone to do it for you. In many places you can access limited case file data online, however this still may not provide sufficient property along with PR's and heirs' contact info.
There are now some commercial data providers that collect and resell the info. I've never used any of these services since I'm pretty dialed in from the legal side, however they might be a good way to generate cold leads.
In any event, I would still suggest you dedicate 3-4 hours at the courthouse to familiarized with their filing system, how to pull documents and the overall facility layout.
Thank you @Rick H. ! Exactly the info I was looking for. I will take your advice and go down to the courthouse!
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