Probate Is A Stressful Experience.
First and foremost, from our family to yours, we extend our most sincere condolences for your recent loss.
Hiring a well versed Probate Real Estate Professional is essential to closing this chapter of your life promptly while ensuring you get the highest price possible for the property.
With over 100 years of combined experience, you can rest assured, whatever the case may be, we have seen it all, and Josh V Realty is on your side.
Why Hire a Probate Realtor In Los Angeles First ?
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Frequently Asked Questions
What is Probate?
How Long Does a typical probate real estate sale Take?
Probate is the only way to transfer real property from the deceased person to the heirs in the event that no trust was set up prior to the decedent’s death.
When may the personal representative sell estate property?
- The sale is necessary to pay debts, devises (gifts to persons named in the will), a family allowance, expenses of estate administration, or taxes;
- The sale is to the advantage of the estate and in the best interests of the interested persons;
- The property must be sold according to the terms of the will; or
- Authority is given in the will to sell the property.
(Cal. Prob. Code § 10000.)A decedent’s will may designate the manner in which estate real property is to be sold or identify the particular property to be sold. Absent a court order based upon the best interests of the interested parties to the contrary, the personal representative shall comply with the decedent’s instructions. If the will is silent on these matters or there is no will, the personal representative may select the method of sale and the particular property to be sold.Estate real property may be sold by private sale, public auction, or a different method specified in the will of the decedent (Cal. Prob. Code §§ 10000.3, 10303). A private sale is one in which bids or offers are independently solicited, while a sale by public auction invites concurrent competitive bidding.
Is there a minimum price for which estate real property must be sold?
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