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Ten Reasons Why Our Probate Mortgages Will Improve Your Law Practice

Finally…an Alternative to Selling Probate Estate Property: Mortgages for Probate Estate and Trust Owned Property

  1. Reduces the time to close probate (be ready to close in about 30 days).
  2. Reduces the cost to your client (avoid the high cost of selling).
  3. Avoid forced sale situations and enable clients to keep real property.
  4. Pay creditor claims, taxes, existing mortgages and other debts without
    selling.
  5. Improve client management; client has an appealing option which you control.
  6. Happier, satisfied client(s) will bring more referral business
  7. Obtain higher statutory fees because basis value is not reduced; you get
    paid more.
  8. Predictable results. You know what the outcome is since you and your client are not waiting for a buyer. Because of this, financing permits you to accepts cases you might otherwise avoid.
  9. Get paid sooner. When probate closes earlier, your fees are paid sooner.
  10. Receive more insight into each client’s true situation because of the fact-finding nature of lending. Loan applications, TRW’s, appraisal reports and interviews will reveal to you valuable information that would otherwise be impossible to get from your own clients.
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Examples

The Smart Executor’s Solution for Cash-Poor Estates (and Trusts, too)

The best way to keep the family’s home and avoid selling.

Why almost everyone is wrong about their financing plan…

The person in charge of the probate estate or trust can borrow up to half of the current appraised value.

  • Use the equity in the property as loan collateral without personal liability
  • Pay creditors and the attorney
  • Share cost with others
  • Keep tax benefits
  • Affordable monthly payments, typically less than renting
  • Programs available for conservatorships and guardianships, too

Buy Out the Other Heir’s Share During Probate for Less than the Cost of Selling and a Payment Below Renting

The best way to keep the family’s home and avoid selling.

Why almost everyone is wrong about their financing plan…

Mom wanted YOU to get the house. We’ll help you to make that happen.

The person in charge of the probate estate or trust can borrow up to half of the current appraised value.

  • Buy out the other heir or beneficiary’s share during probate (or trust administration)
  • Pay creditors and the attorney
  • Share cost with others
  • Keep tax benefits
  • Affordable monthly payments, typically less than renting

Get a “Work-Out” Loan to Settle Your Trust or Estate Property Dispute Before or During Litigation, Even Prior to Closing Probate

Bank loans? No way! Here’s how to pull money out of your equity.

Why almost everyone is wrong about their Work-Out loan plans…

The person in charge of the probate estate or trust can borrow up to half of the current appraised value.

  • Use the equity in the property as loan collateral without personal liability
  • Pay your opponent, settle once-and-for-all, and get on with your life
  • Pay the attorney(s) and stop the legal bills from growing
  • Affordable monthly payments, typically less than renting
  • Finally, get a good night’s sleep in your home

Save Your Trust or Estate Property from Risk of Foreclosure, Tax Sale or Defaulted Reverse Mortgage During Probate

The best way to keep the family’s home and avoid selling.

Why almost everyone is wrong about their financing plan…

Don’t let any more time go by and risk foreclosure or auction for past due taxes.

The person in charge of the probate estate or trust can borrow up to half of the current appraised value.

  • Use the equity in the property as loan collateral without using your credit
  • We deal with the foreclosing lender – we can get through when you can’t
  • Pay off the defaulted mortgage or back taxes
  • Affordable monthly payments, typically less than renting

Get a Solution for your Deceased or Missing Owner Property Prior to Probate or Other Ownership Title Puzzle

You can’t sell what you don’t own unless you have clear title.

Agents can’t make a commission on what they can’t sell.

Clearing title on deceased and missing owner properties is our specialty.

  • Pre-probate cases are always welcome
  • We find missing owners (and missing lenders and lienholders, too)
  • Realtors (brokers and agents) use our services and our title experts
  • No up-front deposit
  • We charge based on complexity of file and the services you require

White papers & More resources

Coming soon!

Attorney resources

Sample Pleadings

Documents

Articles

In a meantime, if you need more information,

please contact us directly with your support request

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Who We Help

We’ve been providing California legal professionals and their clients with specialized financial services for nearly four decades. Experience that is unmatched and unique to the complex challenges that your clients bring to you.

Attorneys

Increase your ability to settle cases easier and faster using our equity-based financing.

Fiduciares

Use your powers to borrow during probate or decedent’s trust, conservatorship or guardianship estate administration with our CloseProbate™️mortgages. Loans are collateral-based, non-recourse and may be distributed to heirs or beneficiaries for up to five years.

Court Receivers

Finance your court ordered health & safety receiverships as well as partition actions to remediate “red-tagged” and nuisance property.

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