Hey bigger pocket family. I need some insight on how to aquire probate properties. My process is going to the courthouse get all the information neccessary (deceased name and address, heir name, address, and sometimes phone number). I send them a letter and cold call. I have been getting some response but what holds me up most of the time is the actual probate process. I've heard you can still buy the property even though its still going through probate process. Is this true and any advice in general?
Indeed, as long you're dealing with the executive administrator of the estate.
how is this done? Sorry for being vague. I have a couple of administrators interested in selling but the probate process is whats holding us back.
it's either executor or administrator.
Executor if there was a will,Administrator if not. The administrator can liquidate assets to settle liabilities.In some cases the court may need to approve the disposal