If you’re bidding on an California probate property for sale, there are a few things you should know. Many people end up in court bidding on a probate property unprepared. A real estate agent specializing in California probate properties knows that once you end up in a bidding war, you simply can't start changing terms.
Many think that they could sweeten the offer with some changes in terms, but that's not how it works in a probate sale. The terms are what they are. Once the offer process starts, only raising a bid by the amount set by the probate judge will help your offer win. You will need to come armed with a cashiers check as well!
Before you ever make an offer though, make sure to read the special disclosure documents carefully. In California, probate property is sold "as is," so buyers shouldn't expect a seller to make improvements or lower the price because of some fault found in the property.
Also, keep in mind, that with these special types of situations, you are usually not entitled to any contingencies. So, your offer can't include a statement saying that the offer is contingent on your ability to get financed. That's just one of the many ways probate sales differ from traditional real estate sales in California.
Do You Need A California Realtor Specializing In Probate?
Sentinel Realty Partners are experts in the probate sale under the California probate code and trust law. So, they know the California Probate Code. They won’t let you get lost in it. If you need a realtor in California specializing in probate, please contact them today!
They're upfront and honest about the costs of probate. Everyone wants to know about probate fees, but no one wants to talk about them. They will though. Sentinel Realty Partners wants clients fully prepared and fully informed about buying or selling California probate real estate.
Plus, they offer a list of the absolute best probate lawyers in California to their customers. Also, take advantage of their relationships with the most vetted contractors, plumbers and electricians in California.
Sentinel Realty Partners can guide you through every step of the process of selling (or even purchasing) a home involved in probate. If you are buying a home in California, please have a look at their probate property search. If you need a Los Angeles, Orange County, Riverside, or San Bernardino professional to help you through the probate real estate maze, call them! These waters a murky, and you’ll want a knowledgeable, dependable, responsive team behind you. Check out Sentinel Realty Partners' client reviews. Bookmark their blog. Alternately, find them on Facebook or Twitter.
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