Probate Real Estate Investing Requires Excellent Manners
If you have given any thought to probate real estate investing as a career, you should realize that the sellers in your deals will determine your success. No other form of real estate investing provides a seemingly endless supply of eager sellers. When you come across a willing seller in any type of real estate investing, you can rest assured that you have just gotten rid of a whole host of headaches you would have otherwise had to put up with. Be sure to treat the seller in the kindest manner. Many times you will find that the seller is in dire need of cash and they must sell the home fast to get to it. They need cash flow now and they recognize you can help them get it by taking the property off their hands. Lucky for you, they don’t want to argue with you or dicker over every last detail. They don’t want to own the house, so they see you as a means to and end, i.e. getting rid of the house for some quick cash.
In most cases, the sellers need money to settle the affairs of the deceased, previous homeowner, you are a hero in their mind. You need only provide them with a reasonable offer for the property. What is a reasonable offer? You should be prepared to identify and discuss any major and home repairs necessary to bring the home up to date. This will help the seller understand why you need to buy the property for less than market value. For every part of the home that needs repair work, interior and exterior, be sure to note it and deduct the repair costs. Document everything for the seller and make an appointment to discuss it. Don’t make any assumptions about what the seller does and does not know. It is in your very best interest to treat them with kindness. Don’t be so desperate to do the deal that you let arrogance, exaggeration or lying play any role in how you deal with the seller. It may not seem like probate property investing requires all that much compassion on your part.
Realize that the seller likely does need your help in more ways than just selling you the property. Be helpful, not phony and they will thank you for it by selling the property to you at a very favorable price. You can make probate real estate investing very easy for yourself, if you always make the effort to be kind and respectful to the seller. When you are kind to the seller, you are ultimately helping yourself close another profitable deal. About the Author: Whether you are a new or a seasoned real estate investor, you owe it to yourself to take a look at the best probate realestate investing course for your money. You can have the system up and running for less than the cost of two pizzas and in less than one day. The very best news for you is that this probate realestate investing system requires zero travel for you to learn it!