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Real Estate of a deceased person goes into probate unless the real estate is held in trust. The Apple Valley probate court sale of real estate becomes subject to certain legal requirements and regulations. Typically, Real Estate requires the Probate Court confirmation process. This process is simple and gives anyone the opportunity to overbid an offer that has been accepted by the Executor.

Tom has the experience using probate court real estate forms to list real estate, make offers, attend court hearings and process probate sales through escrow. Tom works with executors, trustees and probate attorneys. Tom has all the necessary seller and buyer real estate forms for the sale and purchase of Probate Court real estate .

Whether your selling Probate real estate or interested in buying real estate that is in Apple Valley Probate Court, Tom makes the process Easy .

The Process
For an offer to be accpeted the offer must be at least 90% of the Probate Referee's Inventory valuation. The Referee's Inventory valuation appraisal must not be more than one year old. The appraisal may be updated tf the Referee's appraisal is too high or too old.

When an offer is accepted by the Executor this offer is subject to Apple Valley Probate Court approval. Once accepted, no other offers can be accepted, but interested parties can overbid the offer at a court hearing. A Probate Court Hearing is scheduled by the lawyer for the Executor. The lawyer also arranges for Notice of the Hearing to be published at least 3 times over a minimum period of 8 days, starting at least 10 days before the sale.

This public Hearing is held in Probate Court and at that time the judge will request bids. The minimum opening bid is defined in the "Report of Sale and Petition for Order Cornfirming Sale of Real Estate". This is typically 5% + $500 more than the original (offer) contract.

For example, If the contract is for $100,000, the minimum bid allowed will be $105,500. At Probate Court time the bidders are required to present a 10% cashier's check of their bid to the Probate Court as a deposit.
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Gold Point Realty
15437 Anacapa Road Suite 10
Victorville, CA 92392
CA DRE License 01188249
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