All Topics / General Property / I want to buy property from Deceased Estate

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  • Profile photo of andrew12121980andrew12121980
    Participant
    @andrew12121980
    Join Date: 2004
    Post Count: 3
    April 18, 2004 - 9:14 am

    I want to buy property from Deceased Estate

    I want to buy property from a deceased estate (idea to; buy at under value market price), give a quick face lift to and resell.

    Does any one have any experience in this field.

    Would appreciate any advice.

    Thanks

    Profile photo of RussHRussH
    Member
    @russh
    Join Date: 2004
    Post Count: 342
    April 18, 2004 - 9:24 am

    What makes you think you will get it any cheaper?
    Depends on the rellies who stand to gain from the deal.They may be greedy and try for a high price seeing as it will have to be split so many ways.
    Then again they may let it go cheap if they have know idea on property values in area.
    Or maybe they want the money real fast so will sell cheap.Could work in your favour.Then again if the person died in the house you might not be able to sell it.Especially if its a small town.
    Something to think about.I wouldnt buy a house if I knew someone had hung himself in the shed for instance.Bad vibes.
    Do your homework first.
    Russ.

    Profile photo of AceyduceyAceyducey
    Participant
    @aceyducey
    Join Date: 2003
    Post Count: 651
    April 20, 2004 - 12:45 pm

    Andrew has asked this at Somersoft as well – and got basically the same reply.

    Don’t be discouraged Andrew!!!

    There’s plenty of other ways to skin the Cat!

    Cheers,

    Aceyducey

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