What is probate in real estate?

Probate is simply the process of administering a deceased person’s estate. Now, dealing with probate is certainly no easy process.

You have probably heard all about how lengthy and anxiety-filled the probate process can be. Selling an inherited property can be a high-stakes part of dealing with the probate situation. In the event of multiple heirs and multiple decision-makers, things can get complicated fast, especially if not everyone agrees upon what to do.

If the probate property has a lot of deferred maintenance, you live out of state, or the situation is very emotionally tense, sometimes the best thing to do is to just sell the house to an investor who will be able to professionally rehab the home and attempt to sell it at a profit at some point in the future.

Other homes, which are in good condition – or which you are willing to put a little work into to clean out and spruce up – can sell quickly and easily with a real estate agent – netting you and the other heirs top dollar.

The reality, though, is that done right with the aid of a real estate agent experienced in probate, it doesn’t have to be that way. The probate process itself can be a simple as four steps.   

You should get a certified probate trust specialist in the state of California that knows what they are doing and they can help you not lose out on thousands of dollars paid out of your pocket:  estate taxes, property taxes, capitol gains, and most importantly the property.

We will lead you in the right direction and our Certified Realtor Probate Specialist will work with Attorneys, family members, and other employees to service and provide guidance on deceased and/or probate accounts.

Here is a example of the team members that will work for you during the probate process.  “My team is your family now”

  • The best Probate and Trust Attorney in Southern California
  • A Certified Public Accountant
  • A Financial Planner
  • A Licensed General Contractor
  • A Licensed House Appraiser
  • A Buyer in a few days 

Contact us now if you need any probate assistance!

Post a Comment