The real estate market in South Florida is on fire!
2016 had the best home sales numbers in a decade. There were over 5.45 million transactions over the course of the year.
In many ways, it’s a seller’s market with inventory constraints and bidding wars for properties. But new home construction numbers are still lagging.
And at the end of 2016 sales numbers dropped as well.
As a result, real estate investors are turning to probate and inheritance lists as a source of leads.
While there are benefits of developing new strategies in the market, many are confused between the two types of lists.
Unfortunately, confusing probate leads and inheritance lists can be costly and a waste of time.
Don’t worry, we can help you identify a great opportunity. Let’s clear up the difference.
Here we go:
Probate Leads Deliver Decision Makers
Probate is a process that proves the validity of a will. Only when a will is disputed does an estate enter into probate.
But the probate leads typically indicate who won the dispute. Thus, these lists give direct access to a decision maker.
You’ll know who owns the full share of the property.
As a result, many properties that have clear wills or no dispute will not enter into probate. They will be transferred on smoothly and end up on lists of inheritors.
Inheritance Lists Give Multiple Heirs
Inheritance lists are made up of the property that has already been transferred and has been inherited by heirs. Not all inheritance goes through a probate process.
Probate is typically when an inheritance is disputed to some degree.
For real estate purposes, an inheritance list can be helpful in discovering who has the new property. This property may require fast selling options.
One issue with lists of inheritors is that it may provide multiple heirs versus a single point of contact.
Probate and Seller’s Issues
In any case, probate or inheritance may mean many issues for a seller. They may have taken over an expensive mortgage.
Worse, they may be facing foreclosure if they don’t make a rapid payment.
These are cases where the right real estate investment group can help. They can circumvent the long selling and financing process.
The last thing you want is to wait for a realtor to sell a home. Or to watch while financing falls through for a prospective buyer.
You need immediate help in selling an inheritance.
Get Help
The real estate market can be overwhelming to deal with in South Florida.
Did you know BiggerEquity is South Florida’s premier house buying company?
We focus on helping homeowners like you find solutions for their problems.
BiggerEquity can close in as little as 7 days because we pay cash for our properties. This allows us to be very flexible.
We purchase all types of houses, as-is and in any condition, so you don’t need to fix up the property. We can help you navigate every type of real estate need.
Don’t wait another day to figure out an answer to your real estate issues.
Contact us now to get the BiggerEquity 100% satisfaction guarantee.