There can be significant equity hidden in probate properties. This may be a property that has sat vacant for a time while a parent is in a nursing home and then the parent passed. Or it may be a property that is vacant due to the owner passing. These properties usually have challenges, such as being loaded with personal possessions and other junk. To the house flipper, these challenges can translate to profits.
The challenge for us, as probate attorneys, is that we get a lot of calls from would-be real estate investors wanting to buy our client’s real estate. Many of them find articles on the internet or attend a “real estate guru” class, that says that probate attorneys are looking for investors for properties. That is simply not true. As attorneys, we cannot even talk to you about our client’s cases. This is why you will likely find that we won’t even return your call if you are looking to buy probate properties in Texas.
If you are an investor looking to buy real estate from one of our probate clients, please do not send us emails or letters. We get bombarded with these communications.
If you want to hire us to advise you or help you buy real estate from a probate that we are not administering, we can help you with that.
On the other hand, if you have identified a probate property and need to hire an attorney to help get clear title to the property, we can assist with this. This includes pre-foreclosure, tax foreclosure, and other probate properties.
We often help investors acquire probate properties. There are some very specific rules that come into play with probate properties. These rules impact whether you can get a clear title, how to deal with existing liens, etc.
If you have these types of questions, feel free to give us a call or schedule an appointment online.
Our Houston Probate Attorneys provide a full range of probate services to our clients, including helping with real estate that is tied up in the probate process. Affordable rates, fixed fees, and payment plans are available. We provide step-by-step instructions, guidance, checklists, and more for completing the probate process. We have years of combined experience we can use to support and guide you with probate and estate matters.
Disclaimer: The content of this website is for informational purposes only and should not be construed as legal advice and should not be acted upon without consulting a qualified probate attorney.
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