PROBATE REAL ESTATE
Probate Real Estate
Peace of Mind
List your property with a Real Estate professional that knows what you need and understands the context and the complexities of probate and estate sales. We are a successful and experienced organization. We specialize in selling estate properties in and out of probate. After all, there are many tasks to be performed and court- mandated deadlines must be met. And, while you try to please everyone, it can all be too much to handle. We specialize in the many facets of Probate and Real Estate sales, and we can help you make sense of it all.
Why Rick Barrelier?
PROBATE REFEREE- We conduct an interior inspection of the property and complete a Broker Price Opinion report (mini appraisal) which documents the property’s deferred maintenance that may affect value. This report, along with photos, is provided to the attorney to assist the probate referee in determining an accurate value for the property. This can sometimes save weeks of adjusting a value that is inconsistent with the condition of the property.
We have extensive experience with court proceedings and working with attorneys, paralegals, trustees and conservators. We are members California and National Association of Realtors.
Other Ways We Can Help:
List your property with a Real Estate Team that can offer you a full range of referral services including:
o Clean up and haul away services
o Janitorial services
o Liquidation services
o Appraisers
o Eviction services
o Pest Inspectors
o Movers
o Painters, plumbers, electricians, etc.
o Contractors
Probate – 2 Types of Sales
An Executor should understand that there are two types of probate sales.
1. A COURT-CONFIRMED PROBATE SALE This is more time-consuming and complicated because the sale requires a court appraisal and court approval.
2. AN INDEPENDENT ADMINISTRATION PROBATE SALE This is less complicated
and closer to a traditional real estate transaction because the sale does not require court confirmation.
Probate Sales – Advantages
CONDITION OF PROPERTY
With a traditional sale, sellers represent to the best of their knowledge the electrical, plumbing, heating, sewer system, built-in appliances, roof and all other fixtures and equipment are in working order. Furthermore, the seller is liable to maintain the property until possession is delivered to the buyer.
In accordance with the California law, probate property is offered “As Is,” without representation, warranty or covenant of any kind, implied or expressed. Therefore, the Estate is not liable as to the condition of the property or its maintenance.