How You Can Do High Profit Probate Purchases #20

Billions of dollars worth of real estate moves through the nation's probate courts annually. Locating those probate sales is the key. Every state and counties within those states handle these sales differently. Sometimes people die without a will or heirs, and then the State sells off the property and pockets the proceeds. Other times the heirs don't want the property and are desperate for cash. They are looking to quickly sell the property to the first willing purchaser. The key is getting the property for the right price. In states such as Florida, if the estate stops paying taxes, mortgage payments or HOA fees, the property goes into the foreclosure process. Remember, the government comes first and this can be your way to large profits. There's many avenues to success, but understanding how the probate process works is essential to any real estate investor looking for large profits.  

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