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Updated about 9 years ago on . Most recent reply

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Damian Mathis
  • Wholesaler
  • Englewood, CO
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Probate Investing question

Damian Mathis
  • Wholesaler
  • Englewood, CO
Posted

I'm interested in Probate investing. I am familiar with the closure of the estate court filing. My question is how do I find what property the deceased may have owned. I live in Denver if it helps. The closure of estate paperwork just shows the name of the deceased. 

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Rick H.#4 Marketing Your Property Contributor
  • Lender
  • Greater LA/Orange County area, CA
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Rick H.#4 Marketing Your Property Contributor
  • Lender
  • Greater LA/Orange County area, CA
Replied

You can acquire during different phases if you know how to work them.

If you think of a timeline, you can imagine that becoming aware of a property owned by a deceased person can be determine prior to, during or after probate distribution.

Acquiring pre-private can take some real skil...and a high tolerance for risk. 

Buying during probate can be achieved if you understand your state's private laws and the process and especially which scenarios make court confirmation avoidable, thereby minimizing exposure to competitive threats.

Post-distribution, which we think of as "inherited," means that you identify properties acquired by their present owner(s) who wish to sell fir one reason if another.

Much of the types can be identified by the actual document used to transfer into their names (deed, order or affidavivit).

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