Personal representatives of an estate may sell real estate during an estate administration. They may—but are not required to—use the services of a broker.
Articles about Real Estate
There are a number of steps you can take in order to sort out how the decedent’s property was owned. Read more here.
When it comes to California real estate, the first thing to do is to carefully review all deeds and find out how title is held. If you have doubts, you may contact a title company and ask for a title search.
Most real property held in community between spouses and domestic partners used to be held in joint tenancy. Since 2001 (and 2003 for domestic partners), California probate law has introduced Community Property with Right of Survivorship (CPWROS).
The normal rule, under the California probate code, is that you inherit a house with the loan, unless the decedent left a will in which he or she specifically stated otherwise. Click here to learn more.
Yes. While foreclosure and probate are no strangers to one another, it is absolutely possible to save a house that’s part of a probate estate from foreclosure.
In California Probate, the assets of a deceased person need to be inventoried. The Probate Code requires a referee appraise the assets listed on the inventory.
If your parents have passed away, find out what you can do to transfer the title to their house here. It truly depends on how the title to their house was held at the time that they died.