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The Process
Real Estate of a deceased person goes into probate unless the real estate is held in trust. The Baker probate court sale of
real estate becomes subject to certain legal requirements and regulations. Typically, Real Estate requires the Probate Court confirmation
process. This process is simple and gives anyone the opportunity to overbid an offer that has been accepted by the Executor.
Tom
has the experience using probate court real estate forms to list real estate, make offers, attend court hearings and process probate sales through
escrow. Tom works with executors, trustees and probate attorneys. Tom
has all the necessary seller and buyer real estate forms for the sale and purchase of Probate Court real estate.
Whether your selling Probate real estate or interested in buying real estate that is in Baker Probate Court,
Tom makes the process Easy.
The Process
For an offer to be accpeted the offer must be at least 90% of the Probate Referee's Inventory valuation. The Referee's Inventory valuation appraisal
must not be more than one year old. The appraisal may be updated tf the Referee's appraisal is too high or too old.
When an offer is accepted by the Executor this offer is subject to Baker Probate Court approval. Once accepted, no other offers
can be accepted, but interested parties can overbid the offer at a court hearing. A Probate Court Hearing is scheduled by the lawyer for the Executor. The
lawyer also arranges for Notice of the Hearing to be published at least 3 times over a minimum period of 8 days, starting at least 10 days before the sale.
This public Hearing is held in Probate Court and at that time the judge will request bids. The minimum opening bid is defined in the "Report of Sale
and Petition for Order Cornfirming Sale of Real Estate". This is typically 5% + $500 more than the original (offer) contract.
For example, If the contract is for $100,000, the minimum bid allowed will be $105,500. At Probate Court time the bidders are required to
present a 10% cashier's check of their bid to the Probate Court as a deposit.
Read This before Calling or E-mailing
Search Baker on our website. When you find something you like, give us a call
with the Listing Number. Tom is busy with clients, projects,
Baker Land for rent, reviews and attending
local community meetings. Please make an appointment before visiting our office. Click Map to our Office Click California Highway Road Conditions
Call Tom Direct...
760-617-7278
Marketing Consultant - Realtor® - Broker
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Cathy Anne
Kathie
Tom
Kathie
Tom
760 961-4453
760 961-4459
760 617-7278
760 961-4459
760 617-7278
Key Information
15437 Anacapa Road Suite 10
Victorville, CA 92392
CA DRE License 01188249
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Real estate for sale information is provided (IDX) the Victor Valley Association of Realtors® or the Inland Valley Association of Realtors. This Baker site provides links to other web sites that may be presented by government agencies, newspapers, etc. We are not affiliated with any of these sites. Nor are we responsible for their content for Baker Land
Real estate for sale information is provided (IDX) the Victor Valley Association of Realtors® or the Inland Valley Association of Realtors. This Baker site provides links to other web sites that may be presented by government agencies, newspapers, etc. We are not affiliated with any of these sites. Nor are we responsible for their content for Baker Land