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I have been doing Probate Real Estate for 23 years as both an Investor (Flipping) and real estate agent (representing buyers and estate sellers).   I keep learning on every deal and this year has been one of the more interesting ones as a Probate Agent.

I recently closed a Probate-Short Sale which was challenging but closed and I found out this is another niche in the wonderful world of probates.     Rather than the long procedures with banks working out a short sale (months) the estate attorney was able to have a court order for the sale which the bank went with.  At first the bank did not want the sale but the court order sealed the deal and rather than fight it the bank allowed the sale and an entire new opportunity was uncovered. 

The reason this is KEY is you can approach petitioners or executors during the probate process who are going to let the house go because there is no equity (why should they go through all this?  The reason, or the carrot I like to call it is the petitioner/executor can receive the executor fee for the probate along with the estate attorney being paid.  This latest probate short sale paid $18K to the estate with $9000 to the executor and the attorney receiving the other $9000  Wow what an incentive!  This is as good as the smart bank who is giving $5K incentives to short sellers.

I just opened a sale which on top of being a probate-short sale is also in bankruptcy court and here we go again.  I am finding out this is even better as the court trustee can make the sale happen even faster and what was going to be a tough short sale with a tough bank is going to close.  Take Advantage People!

So in my Probate Real Estate busines we are actively pursuing probate with N.O.D's and believe me we don't have any competition as 99% of agents and investors don't know how to do a regular probate let alone a short sale probate.   As a Probate Agent I now have 6 income opportunities earning with probates.

I have enjoyed 23 years of Success with probate homes working as a real estate agent representing investors, landlords and end user buyers who want to purchase probates under market plus representing estate sellers on showing them how to avoid wholesale buyers and sell retail.

This is a Six Figure yearly opportunity and I have been moving back into the educational side of teaching my fellow agents and investors who want to learn this niche.  It's been great!

If you want to chat about this call me at 510-728-2943 and we can discuss probates or shoot me an email. 

*PS  PROBATE SEMINAR IN SEPT, THE COMPLETE COURSE AND 5 LEVELS OF INCOME OPPORTUNITY FOR INVESTORS AND AGENTS AT MY CASTRO VALLEY, CA. OFFICE.  I WILL GO THROUGH THE ENTIRE PROCESS. LEARN DIRECT FROM ME.  LIMITED SEATING

 
This post has been included in California Real Estate News

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Gary DiGrazia Sr (Probate Agent Training)

Castro Valley, CA

More about me…

ReMax Accord

Address: 3327 Castro Valley Blvd., Castro Valley, CA, 94546

Office Phone: (510) 755-1883

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I have information for Probate Real Estate Agents that I would like to share with the community.


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