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Probate Research Trip To The Records Room At The Courthouse
Today's the day you've been waiting for to go to the courthouse to do your research in the file room. You've already decided that in the role of a real estate investor that probate real estate is the one with the least traffic. Let the other investors fight the crowds in HUD, foreclosures, sheriffs sales,[link widoczny dla zalogowanych], bankruptcies' and all the other desperate seller's type sales.
Wikipedia: Probate is the legal process of administering the estate of a deceased person by resolving all claims and distributing the deceased person's property under the valid will.
Once at the courthouse all you have to do is find the information counter. Once there, ask the attendant for the location of the Probate Room. Keep in mind they may not know right off what you're talking about, because the Probate Room could be called any number of different titles. They could be called a Probate Room,[link widoczny dla zalogowanych], File Room,[link widoczny dla zalogowanych], Records Room or the Document Room.
Just remember these people at these different courthouses are going to have their procedures set up different. Some will let you go pull your records yourself. Others may only allow you to checkout so many files at a time. Some, your going to have to fill out a slip of paper for each set of ever how many files you can checkout at a time. Some of these File Rooms are only going to allow you to do your research at certain times of the day. They're all going to be set up different in whatever state you live in.
The probate real estate business is a golden opportunity to many because often you'll be the only one there. Every time I've been there, it's never more than two other people pulling records at the same time I was. Just remember in this business you have to be persistent to get good results.
I need to mention one thing about the people that you work with in the information center. Your success depends on how well you get along with the folks there. You'll be there most likely a few days… of every week. So,[link widoczny dla zalogowanych], it just stands to reason that you make sure you are a pleasant one… when talking to these folks. You gum it up, your out of business! They're usually not enough people there to do the volume of work. A few kind words can go a long ways.
If you were successful in finding the "Petition for Probate" you get the name, address and phone number of the Personal Representative. Now your all ready to go home and write your letter. Make sure that the Personal Representative has full authority. This will enable him or her to sell you the property without court supervision. Now some times there's more than one person named. Therefore, you'll have to send each one of them a letter.
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