Vacant home opportunity

[oahuopps]

I just found out that the house across the street from ours is vacant. I live in a great location with most of the neighborhood to be senior citizens. The owner passed away about a month ago, and had no heirs.  I thought someone was there, because there is a car there just to ward off intruders. I am not sure who get this house? Extended family members pop in every once in a while, and I've been told there highly motivated to sell the house quickly, even though there in probate trying to figure out the shares?!   Whoever the court decides, I want to see what can be done to wholesale it

Question is: If the party is in probate, and working things out, can there be a deal where I put the house under contract now and sell the contract to another investor? Or do I have to wait a year or so?

[Dave T]

You can always make an offer to the executor of the estate if you can determine who that is.  Probate could take anywhere from six months to two years.

Doubtful a contract assignment is feasible if the property is still tied up in probate.  Motivated heirs will likely accept a discounted offer if they can get a quick sale as soon as the property clears probate.