Best time to contact family of the probate list

The best time to contact heirs during the probate process for potential real estate deals is typically after the estate has been opened but before the property is sold or distributed. This period can vary based on local laws, but generally, it occurs a few months after the probate case is filed and the court has appointed an executor.

Here’s why this timing works:

1. After Emotions Have Settled:

Contacting heirs immediately after a loved one’s death can seem insensitive. Waiting a few months allows time for the initial grieving process, and the heirs are more likely to start thinking practically about the estate and any property involved.

2. During the Property Valuation Phase:

Once the executor begins the process of valuing the assets (including real estate), heirs may realize that selling the property could provide needed liquidity to settle debts, taxes, or distribute the estate. This is when they may be most open to offers.

3. When the Property Is Not Occupied:

If the property is vacant or has become a financial burden (e.g., taxes, maintenance), heirs may prefer a quick sale to avoid ongoing costs. This period, often a few months after probate opens, is an ideal time to approach them with a fair offer.

4. Before the Property Hits the Market:

Heirs or executors may choose to sell the property privately before listing it with a real estate agent. Reaching out early can give you a chance to make an offer before the home goes on the market, which can lead to a better deal.

5. When Executors Seek Quick Resolution:

Some heirs may want to settle the estate quickly, especially if there are multiple properties or complex assets. Offering a fast, hassle-free transaction can appeal to executors looking for a swift resolution.

Key Considerations:

• Monitor Probate Filings: Keeping track of new probate filings helps you know when the estate process has begun and the executor has been appointed.
• Build Rapport with Executors: Executors often hold decision-making power. A respectful and helpful approach can increase your chances of closing a deal.

By contacting heirs during this window—after the estate is opened and property decisions are being made—you position yourself as a solution for selling property quickly, potentially securing a great deal.