All Forum Posts by: Erin Elam

Hello BP,

Does anyone have a wholesale purchase/assignment contract that fulfills any legal requirements GA has? Or has experience shown any one can be used? 

Thanks,

Erin

To add another question: I read that a wholesaler could 'cta' by having the seller sign some type of affidavit so that someone else doesn't come in under the floor and the seller sells to them instead. Anyone heard of this?  Is the a viable exit strategy by making the seller perform?

Regards, 

Erin

Great @james Stevens straightforward I love it!! Thank you! 

Hi @sharon vornholt yes that's exactly what I mean by shallow. I didn't know if you look at the entire probate file for each name, find the entire list of heirs for each name, etc.

You did mention a property that you are interested in - what sources do you use to determine that quickly? I hadn't seen if you are an agent - or do you have some way of using mls to see if it meets your criteria? Redfin? Do you have a way of checking see if a lien is still on the house?  Or do you just wait and ask when they contact you? 

Thanks! 

Erin

Yes @ron rowe it does make sense and thank you again.  I feel probate leads are very viable as well and that's why I chose this niche.

EE

@sharon vornholt I would like your input on marketing.  After you find your lead in the paper what are your subsequent steps?  Do you stay shallow until something bites or dig deep on every name?

Thanks, 

Erin

Hu ello BP,

I have yet to get my first deal but still working on it. I have seen in various posts that one should have a team of different players.  What I want to know about this is who do you actually NEED (can't do any transaction without one) on a team? Am I able to present the contract and Option to Assign docs to the seller? Can I call the title company myself to run the legalities and close?  Can I take the check from the buyer and put it in my account ( jk). But does a realtor have to be involved or is it just a strong suggestion?

Also I would like to know if double closings are highly recommended? My logic tells me that also means double closing costs. ...

Thanks for any input, 

EE

Good point @Rick H. thanks! 

Thanks @Mark Elliott !!!! You don't even know me and that's why I appreciate your encouragement even more - it's sincere. Thank you thank you!!

@Ron Rowe no I had not thought of that type of lead since I still wouldn't know who will be handling the estate.  Once you read the obituary do you cross - check the name with the county to see if they owned property ... and that way actually be one step ahead of the probate followers?