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Real Estate of a deceased person goes into probate unless the real estate is held in trust. The High Desert probate court sale of real estate becomes subject to certain legal requirements and regulations. Typically, Real Estate requires the Probate Court confirmation process. This process is simple and gives anyone the opportunity to overbid an offer that has been accepted by the Executor.

Tom has the experience using probate court real estate forms to list real estate, make offers, attend court hearings and process probate sales through escrow. Tom works with executors, trustees and probate attorneys. Tom has all the necessary seller and buyer real estate forms for the sale and purchase of Probate Court real estate.

Whether your selling Probate real estate or interested in buying real estate that is in High Desert Probate Court, Tom makes the process Easy.

For an offer to be accpeted the offer must be at least 90% of the Probate Referee's Inventory valuation. The Referee's Inventory valuation appraisal must not be more than one year old. The appraisal may be updated tf the Referee's appraisal is too high or too old.

When an offer is accepted by the Executor this offer is subject to High Desert Probate Court approval. Once accepted, no other offers can be accepted, but interested parties can overbid the offer at a court hearing. A Probate Court Hearing is scheduled by the lawyer for the Executor. The lawyer also arranges for Notice of the Hearing to be published at least 3 times over a minimum period of 8 days, starting at least 10 days before the sale.

This public Hearing is held in Probate Court and at that time the judge will request bids. The minimum opening bid is defined in the "Report of Sale and Petition for Order Cornfirming Sale of Real Estate". This is typically 5% + $500 more than the original (offer) contract.

For example, If the contract is for $100,000, the minimum bid allowed will be $105,500. At Probate Court time the bidders are required to present a 10% cashier's check of their bid to the Probate Court as a deposit.

Search for real estate on our website. When you find something you like, give Kathie a call with the Listing Number. Kathie is busy with clients, projects, real estate reviews and attending local community meetings. So Kathie can dedicate her time for you, please make an appointment before visiting our office. Click Map to our Office Click California Highway Road Conditions

 
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Key Information

Southern California
Victor Valley

Gold Point Realty

SageBrush Realty

15437 Anacapa Road Suite 10

Victorville, CA 92392

CA DRE License 01523546

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Copyright © 2002-2010 All Rights Reserved Sagebrush Realty, Inc. All information is deemed reliable but not guaranteed.
Real estate for sale information is provided (IDX) the Victor Valley Association of Realtors® or the Inland Valley Association of Realtors. This High Desert site provides links to other web sites that may be presented by government agencies, newspapers, etc. We are not affiliated with any of these sites. Nor are we responsible for their content. High Desert Homes for Sale & Real Estate, High Desert Homes for rent, real estate agents, residential High Desert , multi-family Homes, rental High Desert, neighborhoods, commercial real estate

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