Investor · Wethersfield, CT · Member since 2013 · 371 posts · 191 votes
So, I'm considering mailing some probate leads. I'm trying to understand a few things about the notices that get posted in the paper along with a few other things.
Do yellow letters still convert well when mailed to the property/decedent's fiduciary?
Do the different notice types "Notice to the creditors of..." and "Insolvent estate...." notices inform as to the usefulness of the lead?
Because these properties are tied up in probate is there a long delay between presentation of offer and getting the contract signed?
What happens if the deal falls through, by which I mean you can't find an end-buyer for some reason?
Is there anything else I should know before adding this lead type to my pipeline?
Investor · La Crosse, WI · Member since 2014 · 22 posts · 4 votes
11y
Hey @Jeff G., It can't hurt. Having dealt with several estates on the selling end, it is sometimes a relief to get a solicitation "out of the blue". Otherwise the personal rep has to engage a real estate agent and list it for sale. It may not work out every time but every once in a while you'll find a gem where the family is moved away and dealing with things long distance. They just want to be done with the estate issues an move on. It might be worth offering to take care of any remaining items in the house after they've cleared out the items of value they want from the house. That way they don't have to tidy it up for showings and a sale.