Probate & Obituary Marketing

I start my marketing with obituaries followed with probate filings and find it just another effective way to acquire property.

Short of courthouse research you can go to your local library and go to the reference department and research using what is called a Polk City directory that will list if the deceased party owns real estate.

I use a simple letter that has produced great response as follows:

This is the letter that I use.

Dear

I am looking at purchasing several properties at and around ________________________(property address) and would like to talk to you about the purchase of ________________________(property address) if you would be interested in selling.

Thank you for your time and you can reach me at ( )______ - ______________.

Sincerely, John Michael

Did you know that;

*Having a will guarantees that your estate will go through probate? *Your exact probate cost is unknown but the average cost of probate is 4% to 10% of the gross estate? *The average length of probate throughout the country is 13 months? *90% of all estates of singe-widowed adults age 60 and over go through probate? *Failure to utilize each spouse's federal estate tax equivalent exemption can cost an estate up to $235,000 in unnecessary taxes?

*****END OF LETTER*****

Keep in mind that that normally you will have to have cash on hand to make this type of purchase but you will find some properties can be obtained through creative strategies.

Using creative strategies does work if only you ask. The worst that can happen is you will get a "NO"! So you get 100, 200 or even 300 no's before you get a "YES" to your creative strategy such as a "NO MONEY DOWN", "LEASE OPTION PURCHASE", "SUBJECT 2", "OWNER FINANCE", or any other creative form of investing!

It only takes one "YES" to profit!

"You're never a loser until you quit trying." By Mike Ditka, Football Player, Coach

John Michael - "King of Bling" Investor/Teacher/Mentor/AuthorOffice - (775) 535-1341 Toll-Free: 1-877-225-5928 & enter 417862-3164Fax - (775) 307-6541Email: john@jmichaelrei.com JMichael Investments: http://www.jmichaelrei.com/Investing Club: http://jmichaelrei.com/html/join_stealth_rei_club.htmlSister Site http://stealth.thecreativeinvestor.com/

MORE RESOURCES:

Leading Real Estate Company Announces Over $1 Billion in New ... - MarketWatch

German Stocks Slump, Led by BASF, Hypo Real Estate, Carmakers - Bloomberg

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Realtors Say Foreigners Hold Key to Real Estate Revival - FOXNews

Real Estate Market Slumps, Showhomes Soars - MarketWatch

Investment Regimes for Indian Real Estate Sector Explored - MarketWatch

Moody#39;s: Commercial real estate prices rise - CNNMoney.com

Winston amp; Strawn Continues Growth; Adds 19 Litigation, Corporate ... - MarketWatch

Architects see drop in real estate design contracts - Los Angeles Times

Target shareholder revises real estate proposal - The Associated Press

table border=0 width= valign=top cellpadding=2 cellspacing=7trtd width=80 align=center valign=topfont style=font-size:85%;font-family:arial,sans-serifa href=http://news.google.com/news/url?sa=Tct=us/8i-0fd=Rurl=http://www.dividend.com/blog/%3Fp%3D3631cid=1271977767ei=ohElSbPgHZzI8AS21aG5AQusg=AFQjCNHhdpjPpzZIZJbYkDHix9dOnQsM1gimg src=http://news.google.com/news?imgefp=Jrox3LLENnIJimgurl=www.dividend.com/blog/wp-content/uploads/storypics/target.jpg width=80 height=64 alt= border=1brfont size=-2Dividend.com/font/a/font/tdtd valign=top class=jfont style=font-size:85%;font-family:arial,sans-serifbrdiv style=padding-top:0.8em;img alt= height=1 width=1/divdiv class=lha href=http://news.google.com/news/url?sa=Tct=us/8-0fd=Rurl=http://www.google.com/hostednews/ap/article/ALeqM5izZJX0Q9xiHBM5Mg3-Ee1B6sI8wQD94I9R8O0cid=1271977767ei=ohElSbPgHZzI8AS21aG5AQusg=AFQjCNHLDJ1bJpnZMq14qkkFJP0v7L9VsQTarget shareholder revises breal estate/b proposal/abrfont size=-1font color=#6f6f6fThe Associated Pressnbsp;-/font nobr8 hours ago/nobr/fontbrfont size=-1Ackman unveiled a plan last month that involves creating a breal estate/b investment trust that would take ownership of the land Target owns underneath its b.../b/fontbrfont size=-1a href=http://news.google.com/news/url?sa=Tct=us/8-1fd=Rurl=http://www.bizjournals.com/twincities/stories/2008/11/17/daily25.htmlcid=1271977767ei=ohElSbPgHZzI8AS21aG5AQusg=AFQjCNFe0nppkEoEZJEKW3JWaMzrwqKM5wPershing revises Target land spin-off proposal/a font size=-1 color=#6f6f6fnobrBizjournals.com/nobr/font/fontbrfont size=-1a href=http://news.google.com/news/url?sa=Tct=us/8-2fd=Rurl=http://www.reuters.com/article/americasDealsNews/idUSTRE4AH7PD20081118cid=1271977767ei=ohElSbPgHZzI8AS21aG5AQusg=AFQjCNGkDBB7sLBYlTLBgqugmMmCnPPyagPershing#39;s revised Target proposal out Wednesday/a font size=-1 color=#6f6f6fnobrReuters/nobr/font/fontbrfont size=-1a href=http://news.google.com/news/url?sa=Tct=us/8-3fd=Rurl=http://blogs.reuters.com/reuters-dealzone/2008/11/19/troubled-retailerackman-5-bln-reit-ipo/cid=1271977767ei=ohElSbPgHZzI8AS21aG5AQusg=AFQjCNFDszWUZHOOV-10ak0xllMankteZATroubled retailer+Ackman= $5 bln REIT IPO?/a font size=-1 color=#6f6f6fnobrReuters UK/nobr/font/fontbrfont size=-1 class=pa href=http://news.google.com/news/url?sa=Tct=us/8-4fd=Rurl=http://www.guardian.co.uk/business/feedarticle/8044333cid=1271977767ei=ohElSbPgHZzI8AS21aG5AQusg=AFQjCNF7IIm0HVnrQArVFxUJmq5n7Ehqvgnobrguardian.co.uk/nobr/anbsp;- a href=http://news.google.com/news/url?sa=Tct=us/8-5fd=Rurl=http://leapsinvestor.com/market-news/ackman-target-shares-worth-37share-726/cid=1271977767ei=ohElSbPgHZzI8AS21aG5AQusg=AFQjCNGlOYNcr2cUxaqeN0diAyNFbP3l6gnobrLEAPSInvestor.com/nobr/a/fontbr/font class=p size=-1a class=p href=http://news.google.com/news?sourceid=navclientie=ISO-8859-1rls=GGLG,GGLG:2005-22,GGLG:enncl=1271977767hl=ennobrall 129 news articles/nobr/a/font/div/font/td/tr/table

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