Probate home and estate sales add another level of complexity compared to traditional estate sales. The probate process can take a long period because of several complexities. So, if you intend to buy or sell a probate property, you should have a probate realtor by your side to easily handle the stakes and challenges—which can be helpful for smooth transactions. In this guide, we’ll explore A to Z...
Probate Referees in California Real Estate Transactions When dealing with real estate in California probate matters, you might encounter the term "probate referee." But what exactly does a probate referee do, and how does it impact your real estate transaction? This blog post from Nicholas Realty will explain the role of a probate referee in California probate and provide some helpful resources,...
At Nicholas Realty, we practice Giving While Living — a philanthropic approach by which we actively devote our money, skills and time to make a difference while we are alive. This philosophy of giving guides our team, professionally and personally, as we work together to help build a better world. One important component of our Giving While Living efforts is animal rescue. Promoting the well-being of...
After months of house-hunting, you’ve finally found the perfect home. There’s just one catch. The property is a probate sale. To maximize your chance to get the house of your dreams, you’ll need the help of an experienced probate real estate agent. Unlike a regular real estate agent, a probate real estate agent can ensure that you comply with requirements related...
When it comes to buying or selling probate properties, it helps to know what to expect during the process. Here are the common issues experienced by buyers and sellers of probate properties: Common buyer experiences Probate properties, which are often sold below market value, have the potential to become solid real estate investments. Buyers who are new to the probate process may encounter these...
Situated along Route 66 – one of the most iconic roads in the world – is San Bernardino, a large Inland Empire city that’s home to a variety of attractions. Living in San Bernardino gives you an access pass to the amazing activities that make the city a hub of entertainment and culture. Here are the ones worth checking out: Unofficial McDonald’s Museum 1398 North East Street, San...
Selling a probate property differs greatly from selling a traditional home. Managing the deceased individual’s affairs through the probate process can feel intimidating and tricky to understand. As an executor or administrator of an estate, you need to understand how the process works, especially when selling this specific type of real estate. If you’re preparing to put a probate property on the...
Probate properties can be a great investment. Since they are sold below market value, these homes also have a much lower sales price as compared to other standard homes for sale in their area. Upon making repairs and renovations on these, you can resell them at a higher price. Here’s what you need to know about probate properties and how to find them. What are probate properties? When a person...
In California and many other states, when someone passes away without leaving a will behind, members of the family are left to manage the deceased person’s debts and handle their final business affairs. The legal process for settling the deceased individual’s affairs and the passing of legal titles of their property to their heirs is known as probate. If someone passes away without formally...
Losing a loved one is difficult, especially when you find yourself suddenly drowning in legalities related to the property you’ve just inherited. If the property is titled solely in the deceased person’s name, probate becomes necessary. The property then falls under the probate estate. If probate court proceedings are required to determine the rightful distribution of assets, the executor named in...
