
Thursday, July 29, 2010
Hot new listing!

Tuesday, July 27, 2010
Attention Investors and builders!
Wednesday, July 21, 2010
Price reduction on wonderful Santa Monica home!

Tuesday, July 13, 2010
Death of a Real Property Owner
Death of a Real Property Owner
“The Assessor’s Office must be notified upon the death of an owner within 150 days of the date of death, or, if the estate is probated, prior to or at the time the inventory and appraisal is filed with the court clerk. The Change in Ownership Statement Death of Real Property Owner form is required to be completed and submitted to the Assessor’s Office, even if the decedent held the property in a trust. Failure to file a Change in Ownership Statement within the time prescribed by law may result in a penalty of either $100 or 10% of the taxes applicable to the new base year value of the real property or manufactured home, whichever is greater, but not to exceed $2,500 if that failure to file was not willful. This penalty is added to the assessment roll and is collected like any other delinquent property tax and subject to the same penalties for nonpayment.”
To learn more about this and other valuable information from the Assessor’s Office, please visit their website at: http://www.assessor.lacounty.gov/.
The Sanborn Team has over 25 years of experience selling Probate and Trust properties in Southern California. We work with Probate Attorneys, Fiduciaries, Executors, Trustees and other real estate agents who require our expertise in this field. For information on our listings, please visit our website at: http://www.sanbornteam.com/.
Monday, July 12, 2010
Overbidders in Court!
The Sanborn Team is dedicated to aggressive marketing on all of our listings, and we continue to show and advertise each of our listings up until the court hearing. The recent overbidding in court is a sign of our commitment to obtaining the most we can for the estates we work with.
To learn more about our services, please visit us at: http://www.sanbornteam.com/
Also, become a fan on Facebook at The Sanborn Team Fan Page.
Friday, July 09, 2010
Headed to the Courtroom on Monday!
Location: 111 N. Hill Street, Department 9 Los Angeles
Friday, July 02, 2010
4th of July Fireworks around town!
Wednesday, June 30, 2010
Great Probate Properties still available!
Wednesday, June 23, 2010
Fabulous house in Westchester for under $600,000!
$599,000
Don't miss this amazing opportunity!
Terrific Westchester home in great location! This property features three bedrooms and two baths, living room with fireplace and a grassy backyard. A perfect first home in a quiet neighborhood. Minutes from LAX. Probate sale. Court confirmation required.
For more information on this probate listing and others we have available, please visit our website at:www.sanbornteam.com
Tuesday, June 15, 2010
Elder Law Committee of the Trusts and Estates Section
To learn more about our probate real estate services, please visit http://www.sanbornteam.com/
Tuesday, June 08, 2010
Upcoming Court Date
Time: 8:30
Thursday, June 03, 2010
New Listing Alert!
The Sanborn Team has been representing sellers in probate and trust real estate for over 30 years. For more information about our expertise in selling real estate through probate and trust please visit our website at: http://www.sanbornteam.com/
Thursday, May 27, 2010
The Fiduciary's Dilemma through the Probate sale
As you may have noticed, real property sold through probate is always offered as is. That's part of the appeal of probate properties for buyers: they're often fixers. The property owner may have lived in the house for many years and deferred a certain amount of maintenance.
In today's market, when pristine sells, heirs or fiduciaries may be tempted to look for a higher price by fixing up their loved one's home. But as soon as they do more than a major cleaning, they lose the protection of some of the disclosure laws of probate.
So the fiduciary is faced with a dilemma: lose the protection of probate or drop the price to a level where the house will be noticed in a price-driven market?
We are always available to answer your questions about probate and trust sales or any aspect of the real estate market. Give us a call at 310-777-2858 and visit or website at: www.sanbornteam.com
Wednesday, May 19, 2010
Overbidders in Probate Court!
1522 W. 105th sold for $155,000, and the starting bid was $121,355! 1041 W. 48th Street sold for $170,000 and the starting bid was $132,932! 113 E. 231st Street sold for $260,375. We were pleasantly surprised at the number of buyers that showed up on these properties. It goes to show you that the market is really picking up especially in the South LA area.
To learn more about our services, please visit us at: http://www.sanbornteam.com/
Also, become a fan on Facebook at The Sanborn Team Fan Page.
Friday, May 14, 2010
Upcoming Court Date
You still have an opportunity to purchase one of these properties.
The Court Date is: May 18, 2010
Location: 111 N. Hill Street, Los Angeles
Time: 8:30
1041 W. 48th Street, Los Angeles - Fixer with a future. 3+1 California Bungalow on a large lot. Opening bid will be: $132,932.
1522 W. 105th Street, Los Angeles - Single family with formal living room, eat-in kitchen, Fireplace in living room and two car detached garage. Opening bid will be: $121,355.
113 E. 231st Street - 2+1 w/large covered patio and two car garage. House orginally had 3 bedrooms and could easily be converted back. large backyard. Opening bid will be: $260,375
The Sanborn Team are your probate real estate experts. From South Los Angeles to San Fernando Valley to the oceans of Los Angeles, we have a wide array of listings for you. For more details please visit our website at: http://www.sanbornteam.com/ or you can call us with no obligation at 310-777-2858.
Monday, May 10, 2010
Elder Law Committee of the Trusts and Estates Section
and its Impact on Medicare
Registration/Lunch: 12:00 Noon
300 S. Beverly Drive, #210, Beverly Hills (Free 2-hour parking at 216 S. Beverly Drive)
$50.00 BHBA Trusts & Estates Section members who pay in advance*
Committee Chair: Terry M. Magady, Esq
As the official sponsor of the Beverly Hills Bar Association Elder Law Section, we are here to assist you with all your real estate needs. We are probate and Trust Real Estate specialists selling and marketing real estate throughout Southern California. To learn more about our probate real estate services, please visit: http://www.sanbornteam.com/
Wednesday, April 28, 2010
Upcoming Court Date on two properties!
Monday, April 26, 2010
The Sanborn Team knows South Los Angeles
The Sanborn Team knows a thing or two about properties in South Los Angeles. For over 20 years, we have sold multiple properties in and around that area.
The following LA Times article caught our attention http://latimesblogs.latimes.com/lanow/2010/04/south-la-again-a-houseflipping-hot-spot.html It talks about foreclosures in the area and investors who are buying the properties and flipping them within six months. What the article didn’t discuss is that there are other properties for sale in South Los Angeles, that aren’t foreclosures that are also getting a lot of attention from investors and “house flippers.” Such properties are Probate Real Estate Listings.
In 2009, we started to notice that the investors were back in the market after being very quiet for a couple of years, especially in the South Los Angeles real estate market. Every probate real estate listing that we have put on the market in South Los Angeles, has been swarmed by investors, contractors and developers. And what is more interesting, is that these properties have all had multiple offers and have all sold for over-asking.
The Sanborn Team has sold over dozen properties in the South LA area in the last year alone. And we currently have five accepted offers and two with a court date of may 4th! They go quickly and usually the buyers are investors.
So the bottom line is that it isn’t just foreclosures that the investors are buying in South Los Angeles, but it’s also probate real estate listings too! For over 30 years we have been selling and marketing probate real estate in the greater Los Angeles area. We aren’t your typical real estate agent who’s a “neighborhood specialist” but we are Probate and Trust Real Estate Agents that are up to date in every market place of Los Angeles.
For more information about the Sanborn Team, your trust and probate real estate specialists, and to view some hot probate listings, please visit our website at: http://www.sanbornteam.com/
Tuesday, April 20, 2010
800 W. 1st Street, #708 & #709
Thursday, April 15, 2010
Elder Law Committee of the Trusts and Estates Section Meeting
Appeals for Veteran's Benefits
before the Veteran's Administration Regional Office (VARO), Board of Veteran's Appeals (BVA) and
U.S. Court of Appeals for Veteran's Claims (CAVC)
BHBA CONFERENCE CENTER
$50.00 BHBA Trusts & Estates Section members who pay in advance* $60.00 BHBA members who pay in advance* $75.00 for all others who pay in advance* ($10.00 more at door for all) *MINIMUM 24 HOURS - Refund with 48 hours notice - Raincheck with 24 hours notice
This event is FREE for members of The Order of Distinguished Attorneys .