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What is a Probate Sale? Answering 4 Big Questions About This Tricky Transaction

HomeLight

You’re interested in buying a house, and someone told you about probate sales. But — if you’re being honest — you really have no idea what a probate sale is or how it works. What is a probate sale? How does a probate sale unfold? A probate sale can be complicated and take time.

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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. One reason is to keep their sales up and debts low in order to be able to attract lender financing so they can build more property.