Probate and Trust Sales

Selling Your Home | Probate and Trust Sales

(by Jason Ian Hector | 03/01/16)
As a Probate and Trust Specialist, I am familiar with the steps involved in completing the sale of a property after someone has died.  Typically I work with either the successor trustee or the executor / administrator of the estate as well as other professionals who are experienced in Probate Sales as well such as Escrow Companies, Title Companies, Attorneys, Probate Referee's, etc. While probate sales typically take longer than regular sales, the involvement of multiple parties on the transaction, I find, helps the client get through what are sometimes difficult situations.
 
Pictured left is a Santa Clarita Probate Sale property closed as well as a Sherman Oaks Probate Short sale.  As a Real Estate Broker, I work with both buyers who want to purchase probate properties as well as homeowners who have experienced a death in the family and are now having to sell a property.  Keep in mind, as a Real Estate Broker, I am not able to advise on legal matters so any specific questions regarding the probate process should be referred to an attorney.  This is why probate or trust sales are a team effort with the attorney handling all the legal matters and the REALTOR handling the real estate sales.
 
I love assisting California homeowners with Probate Sales.  I am experienced in helping clients sell their properties in what are called Probate Sales.  I enjoy working with the executors or administrators of the estate to be a valuable resource for helping complete the sale of real estate as part of a Probate Case.  By working with the attorney representing the estate, a team effort is involved to help ensure that all matters are handled in accordance to the last wishes of the decedent.  As a real estate broker, I am an essential team member in the handling of real estate whether the estate is going through Probate or if the sale is being done as part of a Living Trust. 

A common question that comes up is: "Can you do a short sale through probate?" 
 
The answer is that it may be possible if the lender is willing to cooperate and also the court must approve the short sale request.  It is important to seek a legal counsel from an attorney experienced in probate estates to answer specific questions about your individual situation.
 
In my experience as a real estate broker handling sales of real estate through probate, these transactions can take almost twice as long if you need court confirmation of the sale.  Other Probate Sales have been faster since they did not require court confirmation.  The Probate process is a lengthy court process so it is important to set your expectations as such.  If there is a property which is part of the estate or in a living trust that needs to be sold as part of the estate settlement, I would love to speak with you to discuss how I can help you with respect to handling the real estate.  With experience, hard work, and empathy, I strive to be a resource for the community.

The information contained herein is intended to provide general information and is not intended as a substitute for individual legal advice. Advice in specific situations may differ depending upon a wide variety of factors. Therefore, readers with specific legal questions should seek the advice of an attorney.

  • Probate Sale Property Closed

    18450 Little Tujunga Canyon Road Sold for $260,000 on 03/20/2012.
  • Probate Sale Property Closed

    4110 Stone Canyon Avenue sold for $507,500 on 04/22/2013