Probate

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Navigating the Probate Process: Real Estate for Personal Representatives

 

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Landon Realty Group: Guiding Families Home

We offer our heartfelt condolences to you and your family for your recent loss and understand the challenges that families face when navigating the probate process. With our wealth of experience and unwavering commitment to providing compassionate and professional guidance, we have successfully assisted numerous families in handling real and personal property matters during probate. Engaging a knowledgeable Probate Realtor in Los Angeles is crucial to efficiently selling such an important asset,  while securing the best possible price for the property. With a wealth of experience totaling over 50 years, you can trust that, whatever the circumstances, we've encountered it all. The Landon Realty Team is here to support you through the intricacies of selling a probate property.

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Having a probate real estate agent in your corner, well-versed in the processes and adept at navigating them saves you time and money. Jennifer and her team are here to guide you at every step as your experienced probate expert, ready to answer all your questions.  We do this everyday,  so you can rest assured you and your family are in secure hands.

Probate FAQ

Probate is a court-administered process of distributing a deceased person’s (decedent’s) estate/assets according to their will if one exists or, if there is no will, to the person’s immediate spouse/children/siblings/relatives.

The  Probate process generally takes approximately nine to twelve months to complete.  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.

An Estate property may be sold by the personal representative when:

  • 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.

Generally, yes.  Without full authority under IAEA, the minimum offer price for a private sale of real property must be at least 90 percent of the appraised value of the property (Cal. Prob. Code § 10309(a)(3)).  The appraisal must have been made within one year prior to the date of the confirmation hearing (Cal. Prob. Code § 10309(a)(2)).

Feeling Lost In The Probate Process?

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Landon Probate Team Helps You…

Top Ten Things NOT TO DO when having an Estate Sale

  1. Do not throw anything away before you determine it’s real worth.
  2. Do not clean, as it makes more sense to clean after the sale.
  3. Garage sales are Not recommended. The main purpose to hire a professional estate sale company is their ability to know what is valuable and what is not.
  4. Refrain from selling anything before the scheduled estate sale. The estate sale company draws in people from the inventory advertised, and has them wait until sale day to purchase.
  5. Verify that the Homeowner’s Insurance covers the real property, and that it remains in place until the house is sold.
  6. Have all heirs & beneficiaries remove their inherited items prior to the estate sale companies viewing the property.
  7. Review the Estate Sale contract. Take it home and read it. Understand what they will do and what they will not do. For example, will the clean out of the house after the sale be an extra fee.
  8. Make it clear to friends, neighbors and relatives they must go to the sale to get the items they want. Once the Estate Sale contract is signed no personal property should be removed from the house.
  9. Decide what to do with what does not sell. Options for leftovers are: a buy-out, donate to charity, hire a clean out company or dump runs.
  10. You should not remove any items from the sale after you have hired an Estate Sale Company.

Have Questions About What to Do With Personal Belongings?

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Who You Work With Matters

When you work with Landon Realty you know you're working with an experienced Probate Team.

Our team of seasoned probate specialists can lead you through the entire process, from beginning to end. We'll accompany you every step of the way, ensuring a seamless experience throughout.

Why Choose Landon Realty Group for Probate Home Sales?

Specialized Expertise

Navigating probate home sales demands specialized knowledge of both real estate transactions and probate regulations. Our team brings a wealth of experience in seamlessly integrating these two domains, ensuring that your probate property sale is handled with precision and efficiency.

Compassionate Approach

We recognize that dealing with probate can be emotionally challenging. At Landon Realty Group, our compassionate approach sets us apart. We provide the support and understanding you need during this sensitive time, offering a personalized experience that addresses your unique circumstances.

Legal Insight and Compliance

Probate involves intricate legal procedures and compliance with specific regulations. Our experts are well-versed in probate laws, ensuring that every step of the home sale process adheres to legal requirements. You can trust us to handle the paperwork and legalities with diligence and accuracy.

Tailored Marketing Strategies

Selling a property through probate requires a unique approach. Landon Realty Group customizes marketing strategies to maximize the property's visibility within the market. From professional photography to targeted marketing campaigns, we ensure your probate property receives the attention it deserves.

Vendor Coordination & Property Preparation

Before property can be sold in Probate, the personal belongings and effects need to be inventoried, distributed to the heirs/beneficiaries, sold and removed.  This can be the most overwhelming part of the process, which is why we offer property preparation and vendor coordination services.  Our vendors work extensively with Probate properties.  At the request of the Personal Representative, our team schedules, coordinates and manages the vendors so they can focus on other aspects of the Probate process.

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Your Trusted Partner in Probate Home Sales

Landon Realty Group is here to guide you through every step, making the journey seamless and stress-free. As seasoned professionals specializing in probate home sales, we understand the unique challenges that arise during this process and are committed to providing unparalleled expertise to ensure a successful outcome.

Work With Jennifer

Jennifer's vast experience sets her apart from the crowd, as she is not your everyday Realtor®, but a real estate expert that understands and guides her clients and her agents through each step.

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