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.
So make the RIGHT decision and go with a real estate professional who knows the game inside and out.
East Bay Homes can sell your probate property faster than everyone else because they have the dedicated and serious team. Our track record speaks for itself and we have sold homes in as little as seven days.
Real Estate Broker. Author. Loyal Friend.
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Certified Distress Property Expert®
Contra Costa 925-272-4545
California DRE # 01150973