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.