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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. They tend to appreciate value faster than older properties, as they are often built in growing areas and offer modern amenities. for up to two years.

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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. The best part of military movers is they typically use their Veterans Affairs benefits, which allows them to get a mortgage with zero down payment. Thankfully, short-term rentals (STRs) are still lucrative, even in the current economy.