Happy Friday to all!
In most cases, when you purchase a Probate property it is sold "as is." And since in many instances, the Seller is dead, whatever is wrong with the house won't be disclosed. Usually the representative of the Estate will be an Executor, Trustee, or Conservator working alongside a Probate Attorney.
A serious Buyer should have the property inspected before submitting an offer. It's true that your gambling the price of the home inspection without knowing for certain your offer will be accepted, or if you'll be outbid by someone else in Probate Court. However in the case of a Probate property, the pros outweigh the cons. Would you rather gamble the cost of an inspection or the cost of a house?
The Sanborn Team has been selling Probate and Trust Real Estate for over 30 years. We are happy to answer any questions you may have about buying or selling a Probate property. Call us at 310-777-2858 or to view our Probate listings, please visit our website at: www.sanbornteam.com. We welcome all of your inquiries!
Meet The Sanborn Team: Nancy Sanborn is a real estate agent that specializes in selling probate and trust real estate in greater Los Angeles. She has worked in this field for more than 30 years.
The Sanborn Team
Your Trust & Probate Real Estate Resource