CALIFORNIA PROBATE SALE
Request Our California Probate Informational Guide
Fill out the form below to request our free California Probate Informational Guide to be emailed to you.*
*Must be a beneficiary or administrator with a relationship to the estate. Southern California residents only.
In California when a person dies with property not held in a living trust, state law requires the estate to go through the probate process. The probate process is a court administered clearing of assets/debts held in the estate. We understand this can be a long daunting process for all, whether you’re a beneficiary or administrator. Selling a property through a probate court proceeding is much more complicated than a regular property sale.
At Flow Properties we are Certified Probate & Trust Specialists with nearly two decades of experience in California Probate Real Estate. We have helped many families navigate the complexities of the California Probate process, generating the highest amount of proceeds for the estate with the least amount of headaches.
We offer our Probate Services at No Up Front Cost To You
This includes:
Foreclosure Avoidance
Estate Sale Coordination
Junk Removal
Property Clean-up
Professional Photography
Full Service Listing & Probate Sale
Coordinating with Probate Attorney & Probate Referee
To Schedule a Free 30 Minute Probate Consultation, Call Us at (626)995-0869
Selling a Property in California Probate
Frequently Asked Questions about California Probate
Why do I need probate?
This is a very common question and if you are reading this you’re probably wondering why the California State court needs to get involved in your parent’s/loved one’s estate. While there are many reasons why heirs can end up in a probate court, a simple answer is that your parent’s/loved one’s assets were not held in a living trust. The “vesting” (way in which one hold’s title to property), determines whether or not the distribution of assets of a deceased parent/loved one requires probate or not.
What is “vesting” and why is that important?
“Vesting” is the way in which a person hold’s title to their property. For example: Many married people in California hold title to their property as joint tenants. They grow older, pay off their home and continue to hold title as joint tenants. One spouse passes on, then the other follows. The adult children now realize in order to sell their parents house they must do so through California Probate. Because the married couple never bothered to form a living trust and transfer the property into it, California State Law requires the property (and estate) to go through the probate process.
Common ways in which people hold property in California (“vesting”) is:
Sole Owner
Tenants in Common
Joint Tenancy
Community Property
Community Property with Right of Survivorship
Living Trust
Many homeowners are unaware of the advantage of forming a living trust to transfer their assets into. They continue to hold title as joint tenants into their later years in life. When the first spouse passes on the surviving spouse becomes sole owner through joint tenancy’s built in right of survivorship. When the surviving spouse passes on the children then realize there is no built in right of survivorship for the children to inherit the property as surviving owners. This requires the California State Probate Court to get involved. The only exception to probate is if the property held in joint tenancy is worth less that $166,250 at the time of death.
The adult children realize they need to contact a probate attorney to initiate the probate process. As you can see a probate sale is much more complicated than a regular home sale. This is why it is essential to work with a real estate agent well versed in California Probate. As they have extensive experience working with California Probate Attorneys and the California Probate Court.
How do I find out how a property is “vested”?
A title company can help to research the chain of title to see how a property is “vested”. If you need assistance, we can help you with this as well. Contact us to get the process started.
How do I start the probate process in California?
Once you’ve determined the property is not held in a living trust, the next step is to contact a probate attorney and a probate real estate agent. It’s important that you contact an attorney and a real estate agent that has extensive experience with California probate, as this is a highly specialized area of Law / Real Estate. At Flow Properties we are California Association of Realtor certified Probate and Trust Sale Experts with nearly two decades of probate experience. Contact us to learn more about how we can help you. We are located in Pasadena, California - however we service Los Angeles County, Orange County, San Bernardino County, and Riverside County. If you are located outside of these areas we can find a local Probate real estate expert to help you as well.
What is the average timeline for a California Probate?
Although every situation is different, on average a probate in California takes about a year to complete. It’s important to hire an experienced California Probate Attorney and California Probate Real Estate Agent, as an inexperienced attorney and real estate agent can make the process much longer and much more stressful for all involved. One of the heirs will be appointed as a Personal Representative in charge of overseeing the probate, and there may be a disagreement amongst the heirs on who this should be. If the heirs begin fighting the probate process can take much longer than a year. An experienced California Probate Attorney and California Probate Real Estate Agent are well versed in helping to resolve disagreements, which ultimately keeps the probate on track toward resolution.
FOR MORE INFORMATION ABOUT CALIFORNIA PROBATE SALES, REQUEST A COPY OF OUR GUIDE TO CALIFORNIA PROBATE
Disclaimer: The information contained herein is for informational purposes only. It is not legal or tax advice. Flow Properties is a licensed real estate broker with the California Department of Real Estate.