Please visit our new site!

Whether you're a subscriber, an occasional visitor or just happened across Probate Sales: Tales from the Court for the first time, we appreciate your readership.

To better serve our clients, we have upgraded our website with a cleaner look and easier navigation. We've also added a blog feature (at the About Us drop-down menu) as well as extensive resources on the sale of real property through probate, trust and conservatorship.

Our previous posts on Probate Sales: Tales from the Court will remain accessible online, but from now on, all new posts will be added on the new blog page.

We hope you will continue to find The Sanborn Team at our new home — www.sanbornteam.com, that you will subscribe to the feed on our new blog and that you will continue to rely on us for all of your real property needs through probate, trust and conservatorship.

Thank you!
Nancy Sanborn and team

Selling Celebrity

The Sanborn Team was recently the listing agent for a celebrity property in the gated community known as The Summit. A property under conservatorship, the listing and sale were managed much like a probate and subject to court confirmation.

Not surprisingly, celebrity-owned properties, wherever they are and whomever the star, attract abundant interest — from the media, the public and even from other real estate agents. Everyone wants a look inside. People want to know the star’s secrets.

But, as listing agents, our job is not only to get the property sold, but also to protect the privacy of the owner. In this case, that meant assisting the conservator to make the most of the property, carefully monitoring access to the residence, marketing it aggressively and representing the conservator and conservatee in court.

It was a strategy that worked. The property was placed on the market for $2.995 million and sold for $4.2 million.

For publicity, celebrities have publicists; for real estate sales through probate, trust, conservatorship or standard transaction, they have The Sanborn Team.

Visit The Sanborn Team website and call us for more information: 310-777-2858.

Busy market!

The Sanborn Team had a sale yesterday. A probate property in Monterey Park, California, generated eight offers and had overbids prior to the court hearing. That's good news in a sluggish marketplace!

We will soon be putting a five-unit building on the market. It's in the Pico/Doheny area of Los Angeles and will be priced at $799,000. All of the units are one bedroom. More on that soon.

Meanwhile, if you have questions about the sale of real property through probate, trust or conservatorship, call Nancy Sanborn at 310-777-2858.

According to a recent DataQuick article, California March home sales went up 26.5% from February and 2.9% from March of last year.  To read the article in its entirety, please click here:California March Home Sales

The Sanborn Team has been selling Probate and Trust Real Estate for over 30 years. To view our Probate listings, please visit our new and improved website at: www.sanbornteam.com. Or call us directly at 31--777-2858.

When does a Probate property Not require court confirmation?

Although most of the properties we sell do require court confirmation, occasionally we do get properties that don't require court confirmation. Many people ask us, why does this property NOT require court confirmation?

Under the Independent Administration of Estates Act (IAEA), the administrator of the estate can handle the decedent's estate without court approval. The authority to administer the estate under the IAEA can be given by the decedent's will or by the court upon petition by the personal representative.

Properties that are in an estate that is being administered throughIAEA can sell the property without court confirmation.

The Sanborn Team has been selling Probate and Trust real estate for over 30 years. Please visit our new and improved website at: www.sanbornteam.com or call us at 310-777-2858. We would love to hear from you!

California February Home Sales

We were happy to see that home sales are up 5.4 percent from January and also up 8.5 percent from last February. Although distressed properties continue to make up more than half of California's resale market. To read the DQ News article in its entirety, please click here:California February Home Sales

The Sanborn Team has been selling real estate for over 30 years, specializing in Probate and Trust sales that require court confirmation. We work with Probate attorneys, Professional Fiduciaries, Trustees and many more connected to the Probate Court process. To view our Probate listings, please visit our website at: www.sanbornteam.com or call us at 310-777-2858. We welcome your inquiries!

Another Probate listing is confirmed in Court!

Our probate listing at 1745 Camino Palmero was confirmed in court this past Tuesday. There were no overbidders and so it went to the original buyer, who was in court and prepared to overbid themselves if needed.

The Sanborn Team has a couple of other properties coming up that will be going to Probate Court for confirmation. Details to follow!

We are here to assist you with all of your real estate needs throughout Southern California. Our focus is selling Probate and Trust properties for Attorneys, Conservators, Administrators and Trustees. For more information about us and our Probate listings, please visit our website at: www.sanbornteam.com