What is a Probate Sale?

Q. "Probate" is the court-supervised administration of a decedent's estate. The probate proceeding involves "proving the will" (if there is a will), appointing the personal representative, determining the decedent's assets that are subject to probate. More specifically, any property that the decedent owned or had an interest in at the time of death is collected into the estate and distributed to those entitled to it after all debts and expenses have been paid. Thus, the process of administering a decedent's estate is referred to as "probate," and is generally supervised by the probate court.

Venice Diamond in the Making!!

We want to share with you an upcoming court date for one of our Probate Sales.

710 Boccaccio Venice CA

3+1.5 Fixer - needs everything! It's located on a lot that is street to street. The court date is set for July 31, 2007 @ 111 N. Hill St Los Angeles Depart 11 @ 8:30am. The opening bid will be $1,103,000.

What's your home worth???

What is your home worth? That is the big question.

There are so many real estate related websites that say they can tell you the value of your home. There is http://www.zillow.com/ or even http://www.truilia.com/.

We are excited to announce a new site at:

http://www.cyberhomes.com/searchresults.aspx?sti=0&cbcode=PC000.

Please check it out and let us know what you think... try to plug in your current home and see what the cyberhomes.cpm thinks of its value. Your opinion means a lot to us.

However the truth is you can never really know the true value of your home without consulting with an experienced real estate agent.

Sunday July 22nd Open Houses

Please join us this Sunday from 2-5pm to view some amazing condos!

13214 Moorpark # 205 Sherman Oaks $650,000

Enter this tri-level townhouse style condo with a great floor plan and generous size rooms. Features 3 bedrooms 3 1/2 baths, living room with fireplace and vaulted cathedral like ceilings, Each bedroom has its own bath.

17510 Sherman Way #211 Van Nuys $379,000

Just Reduced! Serene Corner unit with tree top views. Top Floor, with spacious living room with fireplace. Kitchen with new appliances and breakfast area. The spacious master has a walk-in closet. Side by Side Parking. Unit located in the back of the building.

If you miss the open house, call us today for a private showing!

310-777-2858 or email us at allison@sanbornteam.com

August 21 Court Date

Hello fellow Agents, Investors and Buyers!

We have a court date set for 6569 Orizaba Ave Long Beach.

The court date is set for August 21, 2007 at 111 N. Hill Street Los Angeles Department 9 at 8:30am. The opening bid will be $425, 750.

This property is a great opportunity. Two houses on a lot, each house is a 2+1. They both need work and they are both vacant, which means you can rent them for whatever you want!

If you would like to get more information please call our office 310-777-2858 or visit our website at http://www.sanbornteam.com/ or email us at allison@sanbornteam.com.

July 19 Beverly Hills Bar Meeting

Hello Fellow Attorneys!
Don't forget that July 19th there is an Elder Law Section meeting.

"Victimized by inappropriate annuity sales"
By Christine Tyler

For more info go to:
http://www.bhba.org/intus/event3/signup.asp?event_id=2103

We hope to see you there!

Calling All Investors!!!

We have a great fixer with a future! This cute as a button Spanish style home is listed for $275,000. It could be the cheapest home in L.A. with any sort of charm! Probate sale with NO court confirmation required.

For a private showing, please contact us directly at 310-777-2858.