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Facts On Probate Properties - Alameda, CA

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Mortgage and Lending with i Cantu Media LTD

 

 

Probate Home Steps

Whether you are named as an administrator or you are one of the heirs, here is some useful information to take into consideration when dealing with probate properties:

The probate process can sometimes take up to 24 months. There will also be some expenses associated with the process, however, as an administrator, you can expect to be reimbursed. Taking over the task of as administrator can be a full time position, make sure you have enough time to accommodate all the duties. You should be compensated accordingly, compensation must be approved by the court.

Probate Properties are sold “as is” with no additional fix up improvements. So don’t expect to make any repairs other than the preparation of the property to go in the market.

You have the choice to either choose an attorney that specialize in probates or have the court assign one for you. The court will oversee the legal process for the transfer and/ or liquidation of assets from the deceased person’s name into his or her estate, so they can be sold or distributed to the heirs. This will include personal and real estate property. The process is closely regulated.

With 23 years of experience in the business and as a Certified Probate Real Estate Professional, and working together with both you and your attorney, I can help you with the preparation, marketing, negotiation and disposition of the property to satisfy all steps stipulated by the court.

Make sure you request our free “TIME LINE & FLOW CHART”. This will help you understand the steps involved and what happens next. There is always variations in time and process. The chart is for information purposes only. Make sure you get acquainted with this information and that you understand the process, complete the form below including where you want the information to be sent.

If you want to find out the market value of the property, please click here for a free online comparable or include the address in the comment box and I will prepare and send you a full report. Thank you.

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