Would you be interested in acquiring a house, condo or other desirable real estate with little or no competition from other buyers? Or perhaps you are a real estate agent looking for an endless source of listings from sellers who are motivated to sell? Often-overlooked sources of properties for sale, frequently at below-market prices, are probate properties. Purchase Bob Bruss reports online. Probate property bargains arise when the owner has died and the heirs don't want the property or the deceased left large debts, which must be paid from the sale of the property. Usually, these properties become available after the deceased's estate has passed through the local probate court, frequently six months to a year or longer after the owner died. By then, the heirs and the estate executor or administrator are often anxious to close the estate, get their money and move on. Probate is not necessary, however, if the deceased wisely either held title (a) in a revocable livi...
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