Remove Finance Remove Probate sale Remove Renovation
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What Is a Probate Sale? Understand This Real Estate Transaction

Redfin

Key takeaways: A probate sale is a court-supervised process for selling a property owned by someone who has passed away. The process involves court appointments of an executor or administrator, property appraisal, and court confirmation of the sale. What is a probate sale? Now, let’s get started.

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Selling a House in Poor Condition: Five Steps to a Successful Sale

Redfin

It often comes with issues that affect safety, livability, or financing approval. Exterior deterioration : Peeling paint, cracked siding, or roof damage that signals neglect and may raise financing concerns. Choose one who works with investors or handles estate and probate sales. What counts as “poor condition”?

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Distressed Property: What It Is And How To Invest

AAOA

Renovating distressed properties doesnt just restore their functionality. Cons Frequently, distressed properties require substantial repairs or renovations to bring them up to a livable or marketable condition. The heirs may want to get the property off their hands quickly, which can translate to a cheaper sale for you.

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Benefits of Investing in New Construction Real Estate

Marco Santarelli

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. Additionally, resale property that has undergone renovations may not meet current-day building codes. Why would the builder sell your property at a discount?