Found a Motivated Seller - Probate
Hello,
I found a 4 bed 2.5 bath property in a great neighborhood. The sellers are selling the property for their deceased father. How can I buy the property from them since it's in probate and in their father's name?
Also there is a huge crack in the garage floor. The sellers said the concrete needs to be dug up and re-poured with new concrete. Is this something to be seriously concerned about?
Purchase price: $180,000
Estimated rehab expense: $25,000 (just a guess, haven't received an estimate from contractor yet) Mostly needs cosmetic updating. New flooring on the first floor, paint,
ARV: $270,000
Thank you for the help!