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All Forum Posts by: Mark Pedroza

Mark Pedroza has started 4 posts and replied 1535 times.

Post: Probate Help

Mark PedrozaPosted
  • Real Estate Agent
  • Sacramento/Placer ~ San Francisco Bay Area counties
  • Posts 1,581
  • Votes 743

James,

Here's what the Probate Purchase Agreement looks like: https://www.pdffiller.com/en/project/10359850.htm.

I hope that you can open it.

Also when you are licensed this will be part of licensing tools after you join a realtor board association. (Sacramento/Placer etc;)

They will explain all the real estate forms that will be available to you as well as the education classes.

Good luck,

Mark...

Post: Probate Help

Mark PedrozaPosted
  • Real Estate Agent
  • Sacramento/Placer ~ San Francisco Bay Area counties
  • Posts 1,581
  • Votes 743

James,

The right contract to use is the Probate Purchase Agreement when making your offer. Also the 3 key documents that the PR should already have when making your offer(s) are a) Petition for Probate b) Order for Probate and c) Letters Testamentary (or Letters of Administration..

Good Luck,
Mark...

Post: Creating Door Knocking List Need Help. Other Tips?

Mark PedrozaPosted
  • Real Estate Agent
  • Sacramento/Placer ~ San Francisco Bay Area counties
  • Posts 1,581
  • Votes 743

Mary Sue Glaspie,

Rick is no guru. He's I believe a master in his field of probate. If you do extend to probate and you may come upon a house (or parcel) while mailing out your letter's, you may be overwhelmed (maybe) at documents that may be required.....

Post: Creating Door Knocking List Need Help. Other Tips?

Mark PedrozaPosted
  • Real Estate Agent
  • Sacramento/Placer ~ San Francisco Bay Area counties
  • Posts 1,581
  • Votes 743

Mary Sue Glaspie,

In regards to probate, What holds up a close the most? Is it the family or the paperwork/rules/legal side? Well as Rick Harmon posted earlier on this site but on the probate topic,

I doesn't matter what the transaction is - purchase, buy out, work out, financing, pending mortgage foreclosure - each player in an estate or trust deal has their own agenda based on self interest.

Rick Harmon's words.

Depending on the topic yes I do attend local REIA club meetings..but sparingly....

Warm Regards................

Post: Creating Door Knocking List Need Help. Other Tips?

Mark PedrozaPosted
  • Real Estate Agent
  • Sacramento/Placer ~ San Francisco Bay Area counties
  • Posts 1,581
  • Votes 743

Mary Sue Glaspie,

Good Luck!!!

Mark......

Post: Need a Probate Expert

Mark PedrozaPosted
  • Real Estate Agent
  • Sacramento/Placer ~ San Francisco Bay Area counties
  • Posts 1,581
  • Votes 743

Minh L.

In CA., the three key documents when finding possible probate deals are; Petition for Probate, Order for Probate and Letters Testamentary (or Letters of Administration)...per Rick Harmon's knowledge as well.

Good Luck..

Post: Creating Door Knocking List Need Help. Other Tips?

Mark PedrozaPosted
  • Real Estate Agent
  • Sacramento/Placer ~ San Francisco Bay Area counties
  • Posts 1,581
  • Votes 743

Mary Sue,

If you run into a probate situation drop me a line. For a homeowner to sell a 'probate" property, Letters of Administration/Testamentary is required.

Your title rep is familiar with this.

Good Luck....

Post: Creating Door Knocking List Need Help. Other Tips?

Mark PedrozaPosted
  • Real Estate Agent
  • Sacramento/Placer ~ San Francisco Bay Area counties
  • Posts 1,581
  • Votes 743

Mary Sue,

Try this;

Name
Address
Date

Dear Mr./Mrs. Smith ,

I would like to buy your house at (123 Main St. Any City, CA)

I can give you cash now for your house in "as-is" condition, so you don’t need to worry about repairs.
We can close immediately or on a date of your choice.

You won’t pay a single cent of closing costs so you will get every dollar I promise you, nothing taken away from you.
Please call if you would consider selling this house or any others you may wish/desire to sell.

Sincerely,

Mary Sue Glaspie
(phone #)

P.S. If you are not ready to sell today, keep this letter with your important house documents and call me when you are ready.
P.P.S. If you are currently in escrow and if everything goes wrong, I’m here to give you a back-up offer.

Mary Sue,

Underline "immediately" and bold type "any others" & "back-up offer"

Post: Lien issues with probate sale

Mark PedrozaPosted
  • Real Estate Agent
  • Sacramento/Placer ~ San Francisco Bay Area counties
  • Posts 1,581
  • Votes 743

@Rocky Li: Your looking for Creditor Claims, ie; IRS, FTB, credit card/finance, money loans, etc.

Post: Probate Best Lead Source

Mark PedrozaPosted
  • Real Estate Agent
  • Sacramento/Placer ~ San Francisco Bay Area counties
  • Posts 1,581
  • Votes 743

Mary Sue, the Sac county website does NOT display addresses'. It would be easier if you had a property profile account through your title rep. (Chicago Title, Old Republic, etc.) for your searches in Sac county as well as Placer county. Also too, the town of Pleasant Grove is not that far from where you and I reside but it's situated in Sutter county. Go figure