Remove Closing Remove Equity Remove Loans Remove Probate sale
article thumbnail

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

HomeLight

But when you think about probate, remember the whole point of it is to prevent fraud after someone dies. So you can bet the court will keep a close eye on what’s usually an estate’s largest asset: the house. What happens to the house when it enters probate? Let’s walk through a few common scenarios for a house in probate.

article thumbnail

Benefits of Investing in New Construction Real Estate

Norada Real Estate

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. 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.