Sharon Vornholt - Let's Talk Real Estate Investing
Do Probate Properties Need Court Approval to Be Sold?
- Author: Vários
- Narrator: Vários
- Publisher: Podcast
- Duration: 0:10:08
- More information
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Synopsis
Today we’re going to talk about whether probate properties need court approval to be sold, and how to handle the current problem tenant residing in the property. This question was from a person new to probate who was both an agent and an investor. She was trying to help the seller who inherited the property but was stumped by how to proceed with this unusual and very sticky situation. Here’s the situation in a nutshell: The seller inherited a property with a non-paying tenant who also happened to be a relative. To make things even worse, the tenant refused to let the new owner into the condominium for inspection or to show the property so it could be sold. The new owner was reluctant to evict the relative but found himself in a really uncomfortable position. He inherited a property he couldn’t even enter and was getting no rent on the property. What would you do in this situation? Listen in to hear more about what I had to say. [00:00 - 02:33] - Opening & Question Overview Question comes fr