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Why Contacting a Real Estate Agent Will Help You Buy Probate Properties in SC

Real Estate Agent Will Help You Buy ProbateSo you want to get started buying probate properties? That’s good because it’s an excellent way to get started in real estate investing and house flipping.

There are many good deals to be had, but there are also some significant risks if you don’t know what you’re doing. Our advice would be to engage the services of a qualified real estate agent. But if you still have doubts, here are three reasons why contacting a real estate agent will help you buy probate properties in SC.

Why Contacting a Real Estate Agent Will Help You Buy Probate Properties in SC

Find and Sift Through Leads

Probate leads are the potential probate seller clients who have inherited properties and who want to sell quickly. There is, of course, the legal probate process that must be strictly followed. But these leads often are not prepared or willing to hold the property because, for example, they live out of state.

Most neophyte real estate investors don’t really relish the thought of finding, pitching, and closing probate leads. It often feels a little unsavory because you will have to approach, say, a grieving widow. Still, you don’t want to pass up the outstanding deals you can get with probate properties

A qualified real estate agent can help you here. You can turn the whole lead process over to the experienced agent, or you can have her guide and assist you in it.

Navigate the Complex Probate Sale Process

The probate sale process varies from state to state, but for the most part, follows a general (and often complex) pattern. It generally begins with you or your agent contacting an estate’s executor, usually through the executor’s probate attorney. This involves some legal niceties, so it’s best to have your agent do it.

In many states, once the executor accepts your offer, the court has to approve the offer and the sale. This is done to ensure the executor is fulfilling his fiduciary duties and so is another reason why contacting a real estate agent will help you buy probate properties SC. Your agent can help you navigate the court-approval process, which also allows public bidding above your approved offer.

Get a Better Deal With Optimal Timing

This is an area that truly proves contacting a real estate agent will help you buy probate properties in SC. In some instances, timing is absolutely critical to get good deals on probate properties.

Depending on the situation, you can sometimes get a great deal by getting an offer out there very early in the process. Still, you’ll have to wait for the probate process to play out. But an effective strategy your agent can help you with is to set up a contractual closing date of 90 days out. ‘The period can be lengthened or shortened as necessity dictates, but this is a good way to get you at the head of the line of buyers.

Another optimal buying time is immediately after the executor is appointed. Since properties are the most difficult estate assets to move or liquidate, the executor may be willing to deal. All you have to do is give the executor incentive to close quickly. And if you don’t know how to do that, your agent can advise you.

Are you convinced now that contacting a real estate agent will help you buy probate properties SC? Then the next task is to find the agent who can best meet your real estate needs.

We’re ready to help you reach your real estate goals and will be glad to answer any and all questions. Contact us by phone at (803) 889-0840 or fill out the online form.

Ben Lovro

Ben Lovro is an entrepreneur with a vision to improve neighborhoods and revitalize the communities that we live in. He has a clear passion for people and has developed effective strategies and real estate solutions in todays rapidly changing market. He is committed to being a lifelong student of Success Strategies and Leadership. Knowing what you want is perhaps the most important step in self-development; this takes much persistence and self examination. Once your desire to serve God overwhelms all other desires, you begin to step into your purpose and your mission in life changes. To be fulfilled in life you have to grow. The art of fulfillment is what develops our life into an expression for others to follow. Some of our greatest moments come from facing our fears and doing the things that scare us the most. You have been given one life, and one chance to tell your story. It's never too late to become the person that want to be.

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