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Updated over 6 years ago on . Most recent reply

User Stats

10
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3
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Edward Kozic
  • Bridgewater, NJ
3
Votes |
10
Posts

Advice Need: Probate Approach!

Edward Kozic
  • Bridgewater, NJ
Posted

I am attempting to venture into the world of probate leads. I am able to pull lists from the county for a simple $10 fee which gives me a first name, last name, DOD and docket number. From there I am able to research the person that has recently passed and who the executor of the estate is. I am not going to be wasting mailers to wife/husband who still lives at the property and have decided to focus on family who may be in a stressful situation and have to deal with the property.

I need some feedback from the BP community before dedicating some time and $$ over the next few months. Has anyone been successful in the NJ market, specifically Somerset County, Morris County, Middlesex County. Are there any additional posts on here that you have come across that were helpful? Here is my strategy:

-Send mailers to the current owner of the estate with a typed out and sincere letter

-If no response, follow up with letter 30 days later

-Skip trace the current owner to see if they have any phone numbers or other addresses I can reach them at

-I would like to wait 2 months before reaching out.. too soon?

-Offer value by suggesting an estate sale company if needed.

-Make offers in cash and option to close whenever they like.

-Find a wholesaler who has a stronghold on this market and get a deal executed! ha ha

Looking forward to some feedback!

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