An Estate Sale
Founder/Managing Partner Lamar Hunt Jr. knows there are many places to find properties to purchase. “Estates are a place where property is available. When someone passes, their estate is usually managed by a lawyer. Depending on the circumstances, the lawyer and the administrator for the estate, usually a close friend, will need to sell the house. Sometimes, the house will need repairs and be quite messy. The lawyer and administrator will sell the house “as-is.” This is an opportunity for the real estate investor.” Making contact with the lawyers that deal with estates is a good idea. Also, checking out estate sales may give you advanced notice that as soon as the house is cleaned out, it will be for sale. Buying from estates may take some additional time and paperwork but it can be worth it to find properties you can repair and rent or resell. For more real estate tips, see our blog at http://lorettoproperties.com/. You can also call us at 913-236-2902 if you have property to sell.