The probate process is a court supervised administration of the estate of a decedent governed by California law. A personal representative is appointed to collect and distribute the assets of the decedent’s estate. The personal representative is appointed by the will or trust of the decedent or by court order if the decedent died without a will or trust. The personal representative’s authority to sell property depends upon whether they have been granted authority pursuant to the Independent Administration of Estates Act. For more information about the probate process, contact a probate attorney.
Besides real estate law, our real estate broker also specializes in setting up family trusts. We work with attorneys practicing probate law and understand the process of selling real estate pursuant to the Probate Code. Since this is not a typical real estate transaction, it is vital to have a combination of real estate and legal expertise to get the sale completed as quickly and efficiently as possible.
For sellers, we reduce the stress associated with the sale while ensuring that the personal representative meets the necessary fiduciary responsibilities. For buyers, this is typically an “as is” transaction but can result in a great bargain. We help to assess the risks and rewards of probate sales for our clients and make sure the sale goes smoothly.
Contact us to discuss your Probate situation and to see how Freedom Growth Realty can help you.