Sharon Vornholt - Let's Talk Real Estate Investing

The Special Language You Must Put in Every Contract when Buying Probate Property

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Synopsis

Today you're going to learn the special language you must put in every contract when buying probate property. Probate investing is pretty straightforward in my state. However, there is one sentence that you need to add to every contract when buying a house that's in probate. This will help you avoid potential problems down the road. The Process of Buying Probate Property I've been investing in probates for a very long time now and generally speaking, buying probate property is no different than buying any other property.  The deal goes smoothly most of the time.  But ... every now and then, that just isn't the case. There is always an exception to the rule isn't there? What's the one-sentence you must-have in the contract to buy probate property? Here is a Perfect Example for You A few years ago I put a probate property under contract exactly like I had always done. I assumed what the executor and the heirs told me was accurate, and that was that the house was ready to be sold.  Now I don't think these folks