Today's episode is all about understanding the probate process. Specifically, I'm going to talk about the 8 steps in the probate process.
One of the biggest misconceptions for investors that are first getting started with probate investing is that you must wait until the estate is closed to buy the house. In reality, it's just the opposite. If the house has not been directly inherited, then it's part of the estate.
What that means is that the assets in the estate including any property must be sold before the estate can be closed. It's critical if you're going to work in this niche that you have a clear understanding of the probate process. You're also going to learn about my brand new course Probate Investing Simplified.
What's Coming UP?
There are 3 more episodes in this series.
- Part 2: The Duties of the Executor
- Part 3: Where Do You Start?
- Part 4: Marketing to Probates.
Probate Investing Simplified
I'have a brand new course called Probate Investing Simplified. Registration has just opened, and we will start as a group on May 21st, 2018. The cart closes on Sunday May 20th, 2018. So if you want in, get signed up before that date.
So how does it work?
One module will be unlocked every week. This is so you have time to complete each module before moving on to the next. You also have 2 choices when joining me in the program.
We will have a weekly Q&A each week that will be available to everyone. You can also choose to upgrade to “The Boardroom” which will just be awesome. Head on over to the course page and take a look.
This is the first time I've ever offered this program. As I said, we will work as a group so when the cart closes you won't be able to get in. Just Click Here to check it out.
Here's Your Video –
Understanding the Probate Process – The 8 Steps in the Probate Process
Would you Rather Listen?
You Can Listen to the Podcast Here
Get the Part 2 of this Series Here
Just click the link here: The Duties of the Executor
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If you want to schedule a 1 on 1 call with me to talk about specific strategies for building your brand and creating more effective marketing for your business, you can do that here by clicking this link.
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Details of the course?
I am interested in details as I am just starting out.
Once it’s closed it’s all over so no. The property will be sold.
Sharon, I have found a county that has a good list of probate information and after watching the latest video i was curious as to if the records indicate that the probate is closed, should i still mail to this executor? Thanks Daniel