The Premier Source for Pre-Owned Residential Properties

  • Only provider of every county in the US
  • Over 15 years probate experience
  • Skip tracing performed for executors and addresses
  • Attorneys’ info provided
  • Most trusted name in probates
  • Probate Certifications
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FREQUENTLY ASKED QUESTIONS

 

Why should I want to Invest in Probate Properties?

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  1. 1: What do Probate Properties offer over other properties?

    Probate properties are those properties that were owned by an individual that has passed away. Generally properties owned in this manner are well cared for properties and require minimal refurbishing. This simplifies the amount of effort required by a Real Estate investor.

  2. 2: What do can I expect to make?

    We have customers that have made $50K on an individual sale and others that average $7,500 per purchase. You can make money several different ways in the probate market. Remember, With our program you are in control - you can purchase properties outright and then sell them or you can partner with Real Estate Investors in your area and share in their profits. Here are some ways you can make money by buying and selling probate properties:

    Wholesale a Property: $5-15K per deal
    Buy at 40-50% Discount / Sell at 35% -> Net 5-15%
    Buy and Sell a Property: $25-50K per deal
    Buy at 40-50% Discount / Rehab at 5% / Sell at 20% -> Net 15-25%
    Minimal rehab required. Most probate properties have been well maintained. We teach you how to estimate rehab costs!
    Rent / Sell a Property: $60-80K per deal
    Buy at 40-50% Discount / Own for 3 Years / see 2-3% appreciation / Sell at FULL MARKET VALUE!!!

  3. 3: What makes a probate property desirable

    Oft times, properties in probate must be sold for financial or other reasons and the seller is looking to quickly turn the property. You will generally find that you are dealing with a motivated seller that does not live in the property. In many cases this is "found money" to the heirs of the Estate and they simply want to "cash out".

  4. 4: What is Probate?

    Probate is the legal process by which title to properties owned by an individual while alive are transferred to the heirs.

  5. 5: Will I make money from these leads?

    There are hidden gems in these probates. If you work the leads you will find great opportunities to buy and sell distressed properties in your area.

  6. 6: Why don't more people work this market?

    This is a fairly misunderstood market. Most people assume that once an Estate is probated, the property is tied up in court. In fact, the executor of the Estate does, most often, have the authority to sell the property.

  7. 7: Is this data available to the general public?

    This is Public Record information and if you are willing to spend the time and energy necessary to retrieve the data any one can get this data. The amount of effort required to retrieve this data does not generally result in a good investment of your time. You would be much better off spending this time contacting Executors and closing deals.


Why should I use your Probate Leads?

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  1. 1: Why should I consider Probate Leads for US Probate Leads?

    We are the only company providing Probate data for virtually every county in the US. You will receive your leads each and every month without the hassle of trying to get the leads yourself.

  2. 2: How long have you been in business?

    We have been providing Probate Leads for the past 10 years. We started in the Dallas/Ft Worth area and now provide data throughout the US.

  3. 3: Why isn't this service being offered by other companies?

    There is a finite amount of probate data available in each county and it can be difficult to retrieve. Until we came along, no one had managed to put together a business model that could support this retrieval effort.

  4. 4: How can you provide data when no one else can?

    We have relationships with Banks and Credit Card companies that utilize our service. These contracts have allowed us to establish a network of Data Researchers throughout the US. This network coupled with our proprietary data mining tools and processes allow us to access probate data at a cost which allows us to provide reasonably priced information to you.

  5. 5: Where does the data come from?

    Our network of Data Researchers located throughout the US provide the first wave of data access. We couple that with proprietary tools and processes which allow us to access the data you need.

  6. 6: Is your data timely?

    We retrieve the data every 30 days and then provide it to you. The data is as current at that time as the data is if you were to go to the court house and retrieve it yourself.

  7. 7: Do you provide all of the probate records?

    We provide all Estate-related probates. Most probate courts also handle Guardianships, Conservatorships, cases pertaining to Minors, etc. There can be a great deal of excess information in these records - information that does not benefit you as a Probate Investor. We cull those records out and provide you records that have the potential for having Real Estate as part of the Estate.

  8. 8: Will I get all of the data found at the Courthouse?

    In some cases a probate case file may be "checked out" to the courts. In this event, we will retrieve the missing data on our next visit.

  9. 9: Do you identify property with each lead?

    The effort involved in identifying properties early in the probate process is a costly one, so we offer a lower cost program for folks interested in reaching a large number of potential customers. We typically find that about 70-75% of the probate actions filed have Real Estate associated with them. The only good way to retrieve properties owned by a Decedent is to go to the local Appraisal Districts or Deed Records office and run the name of the Decedent and find the properties owned. This is a tedious process and can take quite a bit of effort. The actual process is quite labor intensive, in that, each and every property pulled must be "eyeballed" to ensure it is a valid property. We have found that the majority of investors prefer to mail to all PRs and let them say if they have a property.


Administratively, what is the process?

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  1. 1: Is there a contract?

    We do not require a contract. All we ask is that you subscribe to our service and your monthly subscription will then be deducted from your credit card each month on the same day.

  2. 2: If I'm not satisfied - Can I Quit?

    We do not require a contract. All we ask is that you subscribe to our service and your monthly subscription will then be deducted from your credit card each month on the same day.

  3. 3: How do I get started?

    Visit our Website at www.usprobateleads.com. Click on your state, then your county, find the product that most interests you and click on the shopping cart to purchase your subscription.

  4. 4: Do you take Credit Cards?

    We use either PayPal or a Credit Card Processing service to manage our monthly subscriptions. This facility allows us to accept all major credit and debit cards. Just click on the shopping cart at the bottom of the screen and you will be sent to the appropriate link. If you do not wish to provide your credit card info online simply give us a call at 877 470-9751 and we will take your credit card info over the phone and deposit directly to our bank account.

  5. 5: If I purchase a product and someone else buys the "Exclusive" package later - do I loose my service?

    We have reserved the right to sell to someone requesting an exclusive at a later date (the ground rules are discussed on the website). That being said - the Exclusive price in most larger counties is sufficiently high that we do not expect many takers on those. To be truthful we would prefer to have a number of individuals buying leads in a given county as opposed to selling exclusivity so we will be very judicious with our exercise of this clause.

  6. 6: How often am I billed?

    You will be billed one time each month.

  7. 7: When am I billed?

    You will be billed at the time that you make your purchase.

  8. 8: Do you offer Volume pricing, if I choose multiple counties?

    We offer volume pricing for purchase involving more than one county. Volume discounts are displayed by our pricing tool when you make multiple county selections.


What Do I get with my purchase?

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  1. 1: When will I receive my first leads?

    We have folks working around the country pulling leads each and every day. We will need to schedule your pulls, but we can assure you that you will see your first set of leads within 2 weeks. Then every 30 days after that you will receive your leads.

  2. 2: Can I buy leads by zip Code?

    We provide probate leads (without the associated properties) - so the zip Code question is not applicable. That question would only apply if we were providing Decedent property information, then we would have the zip codes. Nationwide, we typically find that between 70-75% of the probate actions filed have Real Estate associated with them. Since we provide probate leads the question of zip codes does not typically apply unless you were interested in also buying property related data. In that situation we provide the information for all zip codes so that everyone has the same chance of getting a property in a good area.

  3. 3: Should I consider the Exclusive Pricing option?

    If you are a serious Real Estate Investor and want to ensure that you have a "lock" on probate leads in your area, you should purchase exclusive rights to your county. This will make sure that we do not provide this data to any other customer.

  4. 4: Do you provide telephone numbers?

    Telephone numbers are generally not provided in probate case records for the executor of the Estate. Attorney telephone numbers are almost always available. We do have tools to mine the web for telephone numbers. You can view a quote for those leads in the View Leads pricing section. Just select the Telephone Option and click on the box to see the additional price charged for these numbers.

  5. 5: How do I know if a county is available?

    Visit our web site at www.usprobateleads.com, If your county is not available a message will appear when you click on your county.

  6. 6: What data do you provide?

    You can see a sample of the data we provide by visiting our web site, www.usprobateleads.com and clicking on Sample Data in the left most column under our logo.

  7. 7: Do you provide mailing services?

    We work with several mailing services and we offer a complete “turn key” mailing program that will result in your leads being mailed using the specific mailing that you have selected at the times that you have chosen. Simply click on Mail Solutions to see how this functionality works.


Miscellaneous Probate-related Questions?

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  1. 1: What/Who is the PR?

    The PR is the Personal representative. This individual is the person that has applied to be the Executor of the Estate. The term Personal Representative is now used in most states as opposed to Executor, Executrix, Administrator, Administratrix, etc

  2. 2: Should I contact the Attorney?

    Sometimes the attorney is being kept from being paid because the only thing left to close the probate is the sale of real Estate. In these cases he attorney may be your very best friend. Other times you may find that the Attorney is quick to advise that only "full" value be solicited for Estate properties. This is case dependent and is generally a "toss up".

  3. 3: What is the difference between an Independently administered Estate and a Dependent administered Estate?

    An Estate that is Independently administered is handled entirely by the Executor. The Executor does not need to seek permission to sell properties in the Estate. Any property sales in an Estate that is dependently administered must be approved by the state, which means additional paperwork.



Probate Video

Why Should you want Probate Leads?

Why Should you buy Our Probate Leads?

Interview 1 - US Probate Leads with Leon McKenzie

Interview 2 - Probate Lead Investing

Interview 3 - Why Probate Leads Don’t Expire