What is Probate?
Probate is the legal process that occurs when someone passes away and their estate — including real estate — needs to be distributed to heirs and beneficiaries.
During this process, properties must often be sold to settle debts, distribute inheritance, or simply because the heirs don't want to keep the property. This creates a unique opportunity for investors.
Key Insight
Executors and beneficiaries are often motivated to sell quickly to complete the probate process and distribute assets — creating negotiation leverage for investors.