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The 411 on Probate Appraisals ...What a Joke!
In California, as I mentioned there are two ways to sell real estate out of Probate. 
 
As a Probate Agent in California you must know all the rules and regulations if you are going to represent a buyer or seller so you can make it to a successful close.   This information is hard to find and I learned it all buy going to the School of Hard Knocks over the years (30+) and developing my system each time I sold or listed a probate.  Most of our fellow agents don't have a clue how Probate Real Estate works and even more so how you can make it work for you. 
 
This is truly a Six Figure Opportunity but very few have jumped on the band wagon. One issue you must understand is the appraisal process in a probate sale. 
 
First of all, it's a joke. 
 
The court appoints a Court Referee (Appraiser) who is usually not a certified appraiser but a accountant and they are paid peanuts to do the appraisal.  What they do is a drive by appraisal then order comps.  They don't go inside which means they can miss important amenities or problems which need to be reflected in the appraised value.
 
The appraisal is really only needed to account for the asset ... more

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