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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

Buying a newly constructed home may also provide tax advantages, such as a reduced property tax rate for the first year and the option to claim mortgage interest and property tax deductions. This is sometimes negotiable and is a major advantage for investors who prefer to minimize their out-of-pocket cash until the actual closing date.

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How to Grow Your Real Estate Business: 11 Tips + 1 to Avoid

The Close

I’m sharing 11 tips from my years of sales and coaching on how real estate agents grow their businesses. Every month, this agent tries a new lead generation strategy, jumping from one tool to the next without seeing the process bloom into a sale. In recent years, the real estate market has constantly changed.

Agents 96
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8 Red-hot Real Estate Niches That Can Double Your GCI in 2024

The Close

And with mortgage rates currently sitting around 8%, this puts homeownership on ice for many. When I was an agent in New York City, I made $1,500 to $3,000 per closed rental transaction. Agents who worked high-end exclusive rental listings sometimes collected five-figure commission checks from one closed rental deal.