All Forum Posts by: Mark Pedroza
Mark Pedroza has started 4 posts and replied 1535 times.
Post: Probates in California
- Real Estate Agent
- Sacramento/Placer ~ San Francisco Bay Area counties
- Posts 1,581
- Votes 743
So what your inquiring about is the Court Confirmation Sale/Auction. Court confirmation (In CA) is required when there is Limited Authority ~ Disputed estates or the PR (Personal Representative) cannot be bonded. You'll have to research the file.
Once in awhile even if the PR has Full Authority they'll be a court confirmation sale for the protection of the PR representing the estate, beneficiaries or other reasons. One thing is certain as an investor you don't want you money held up in the court confirmation process for a few months.
Your interest is in purchasing the probate property from the Executor/Administrator as long as they claim IAEA powers and filing Notice of Proposed Action. View the CA Probate Code link for a better understanding: https://leginfo.legislature.ca.gov/faces/codes_displaySectio....
Yes you can purchase any probate property (to my understanding) without the confirmation process.
Just remember that the nominated Executor in the will would have to possess Letters Testamentary.
If there is no will then the Administrator would posses Letters of Administration.
For free probate leads this is he webpage I use for N CA (certain counties) and can also be used for Arizona (Maricopa County only) https://www.legaladstore.com/frmMain.cfm or find potential probate leads from this publication: https://www.recordreporter.com/rrhome.cfm?ref=publicnotices
Good luck...
P.S No I am not an attorney....
Post: Transitioning My Real Estate Career from the Philippines to California
- Real Estate Agent
- Sacramento/Placer ~ San Francisco Bay Area counties
- Posts 1,581
- Votes 743
Quote from @Anais Gimeno:
Indeed, you're correct. I was browsing through San Bernardino State University's Real Estate Degree Program and noticed that some subjects align with those I've studied here in the Philippines. If I decide to pursue my studies there to obtain a license, do you think my completed subjects would be credited toward obtaining the license? Additionally, I'm open to training as an agent while pursuing my degree. Considering the license and credentials I possess in the Philippines, do you think I could leverage them to apply to realty firms?
You'll have to contact the CA DRE for an answer to your question...
Post: Offering Courthouse Probate Leads
- Real Estate Agent
- Sacramento/Placer ~ San Francisco Bay Area counties
- Posts 1,581
- Votes 743
I'm interested in probate files/properties for Sonoma and Marin counties. Also with Substitution of Attorney and "In Pro Per" files.
I'll be waiting for your reply..
Warm Regards....
Post: Transitioning My Real Estate Career from the Philippines to California
- Real Estate Agent
- Sacramento/Placer ~ San Francisco Bay Area counties
- Posts 1,581
- Votes 743
To transition your license next year the DRE in CA can assist you with all questions you have: https://www.dre.ca.gov/
To tell you the truth CA does not offer any reciprocity with out of state real estate licenses...
Good luck....
Post: Flipping and Building in Bay Area with Tom Tran
- Real Estate Agent
- Sacramento/Placer ~ San Francisco Bay Area counties
- Posts 1,581
- Votes 743
Looking forward to this Meetup..
Post: New member from CA
- Real Estate Agent
- Sacramento/Placer ~ San Francisco Bay Area counties
- Posts 1,581
- Votes 743
Quote from @Tiffany Connolly:
Hi there - I'm very excited to be joining. I plan on taking a year to save, research, and build my community. I am a homeowner in Truckee, CA and will be looking to invest in multifamily homes outside my sate. I believe I'll start in NV because it's accessible, in more ways than one.
A warm welcome Tiffany. There's usually a monthly meetup in Lake Tahoe you should try to attend. Happy New Year's!!
Post: Local Meetups in the Bay Area, CA
- Real Estate Agent
- Sacramento/Placer ~ San Francisco Bay Area counties
- Posts 1,581
- Votes 743
In a couple of weeks a meetup scheduled in December:https://www.meetup.com/sfrealestateinvesting/events/29746539...
Maybe I'll see you there...
Post: Real Estate Attorney/Title company with creative finance experience
- Real Estate Agent
- Sacramento/Placer ~ San Francisco Bay Area counties
- Posts 1,581
- Votes 743
Quote from @Samantha Springs:
Quote from @JJ P.:
I'm not sure if I can post a link, but Dawn Richenbach, "The Note Queen," has helped me in the past. She does all types of loan purchasing and what not.
@Shannon Wright can assist in all 58 CA Counties. She's with New Venture Escrow in Temecula....good luck..
Thanks! So much!
Post: Any suggestions for a Real Estate Investor Friendly CPA in Southern California
- Real Estate Agent
- Sacramento/Placer ~ San Francisco Bay Area counties
- Posts 1,581
- Votes 743
Quote from @William Ryans:
I am a Real Estate agent/investor with a small portfolio. I would like a referral for an investor friendly CPA in southern california.
As a real estate agent your broker or your local real estate association would be ablr to give you a referral or two...
Post: Looking for meetups
- Real Estate Agent
- Sacramento/Placer ~ San Francisco Bay Area counties
- Posts 1,581
- Votes 743
Quote from @Yann Feunang:
Hi Mark. Thank you for the link! Is there a possibility to attend online as well?
Thanks,
Yannick