|Yesterday I took my son, Ernie Jr., to the DMV so he could take his driver’s test. I don’t know how it works where you are, but here in L.A., we had to wait in our car in a long line of cars for Ernie’s turn to take the test.|
As we were waiting, a guy hops out of one of the cars in front of us and runs across the street. Now living in L.A. you see a lot of weird stuff. But then he comes back with a gas can and proceeds to fill his gas tank!
Who shows up for a driver’s test with an empty tank of gas?!?
For most people, it’s easy to be prepared for the obvious (like having some gas in your tank when you’re going to take a driver’s test…haha).
But it’s the things that hit you from left field that catch you off guard.
With probate, there are a lot of small things that can torpedo a deal.
– Like when you’ve gone back and forth with the personal representative and landed on a purchase price, but then a relative of the PR comes out of nowhere and starts telling them what to do.
– Or when you find out the probate you’re working on is also in foreclosure (there are very specific steps you need to take on a very specific timeline with deals like this).
– Or when you’re looking to buy the house as an investor and get a yes from the seller only to find out they’re already working with an agent.
– Or when you’re getting ready to seal the deal and find out they’ve offered their neighbor or friend the right of first refusal.
The list goes on and on, but don’t let that scare you. There’s a ton to be made in probate. And on top of that these people need your honest and trustful guidance to navigate a process that is completely foreign to them.
You can’t know everything. But you don’t need to. I’ve been working probate real estate for over 20 years and have seen just about every crazy curveball that can be thrown at you. I’m here to help.
To your success,
Ernie “Always Gassed Up” Vargas | The Probate Fox