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How to Master Probate Transactions

The Residential Specialist

Probate transactions are notoriously difficult but can be mastered with the right education and experience By Annika Tourlas REALTORS ® are often faced with the delicate task of navigating property transactions after an owner’s passing. What is a probate transaction? A probate sale could take a year or more to complete.

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How to Master Probate Transactions

The Residential Specialist

Probate transactions are notoriously difficult but can be mastered with the right education and experience By Annika Tourlas REALTORS ® are often faced with the delicate task of navigating property transactions after an owner’s passing. What is a probate transaction? A probate sale could take a year or more to complete.

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What Happens to a House in Probate? 3 Common Paths for Estate Property

HomeLight

A house can avoid probate if it’s automatically passed on to survivors via a living trust , joint ownership , community property law , or transfer-on-death deed. So what happens to a house in probate? Other times the personal representative of the estate (also known as the executor) will need to sell the house with probate oversight.

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Probate Properties are Great Opportunities for Real Estate Investors

Realty Biz

Every investor is aware of, and many specialize in one of these sources of investment properties: foreclosures, REO, short sales, divorces, fire damage, damaged foundations, hoarders, and other distressed properties. On the other hand, probate and estate properties are in constant supply and often overlooked. People own property.

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Benefits of Investing in New Construction Real Estate

Norada Real Estate

When it comes to investing in residential real estate, there are only two basic types of property you can invest in – new construction and resale. If your investment focus is on pre-foreclosure, foreclosure, bank-owned property (REOs), or probate sales then you are likely to be purchasing resale properties. for up to two years.

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Can You Empty a House Before Probate? Why It’s Usually Best to Wait

HomeLight

Read on for guidance on how to navigate probate to make sure you’re in the clear to begin emptying a home. What is probate? This probate process is typically much more straightforward when there is a will outlining the deceased’s wishes as to how they would like their belongings and valuables distributed, their home included.

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8 Red-hot Real Estate Niches That Can Double Your GCI in 2024

The Close

Thankfully, short-term rentals (STRs) are still lucrative, even in the current economy. It’s true that escalating home prices, along with increased regulations and fees, have slowed the STR boom of 2021. Gain as much knowledge as you can around real estate as a business. That leaves more people flocking to rentals.