Augusta
VIP Contributor
it can be great buying a probate home as they come cheap but they are also risks involved trying to buy them . So it is better to weigh them and be sure you can withstand them before going ahead.
The below are the three risks involved
Longer purchasing process
The probate home purchase process is way longer than the normal real estate transactions so you need to know this so that you can go through with it
Poor condition of homes
Probate homes are sometimes abandoned hones so many probate-sale homes are always in poor condition and would need repairs. So you need to know this and check it out before proceeding
Complicated transaction
Transactions here are more complicated.This is because of additional regulations around probate sales
The below are the three risks involved
Longer purchasing process
The probate home purchase process is way longer than the normal real estate transactions so you need to know this so that you can go through with it
Poor condition of homes
Probate homes are sometimes abandoned hones so many probate-sale homes are always in poor condition and would need repairs. So you need to know this and check it out before proceeding
Complicated transaction
Transactions here are more complicated.This is because of additional regulations around probate sales
