Probate Process

Probated Property - The Process

An overview of what to expect while selling real estate during probate.

Probate Process Overview

Probate Real Estate Sale Overview

Start

File Petition for Probate

Notice of 1st Court hearing date published in newspaper.

5-6 Weeks

Hearing Date

2 Months

Letters Issued By Court

Order for Probate
Duties & Liabilities
Issue Bond

Gather assets
File Inventory & appraisal form
Notice to creditors
Allowance/rejection of creditors claim

Months 3-6

Full Authority Sale (IAEA)

  • Interview qualified probate agent/broker
  • Determine list price (no court limitation)
  • Execute listing agreement
  • Market the property
  • Execute probate purchase agreement (acceptance of offer)
  • Distribute Notice of Proposed Action – 15 days
  • Open Estate Bank Account
  • Close Escrow

Months 6-12

Limited Authority Sale (IAEA)

  • Interview qualified probate agent/broker
  • Determine list price (according to 90% Rule)
  • Execute listing agreement
  • Market property
  • Notice of Sale
  • Execute probate purchase agreement (acceptance)
  • Report of sale & petition for Order Confirming Sale
  • Notice to buyer, beneficiaries, interested parties
  • Court hearing and over-bidding process (10% min. overbid deposit)
  • Court order
  • Close escrow

9 Months

Petition for Final Distribution

10 Months

Court Hearing

1 Year

Receipt on distribution
CASE CLOSED

Testimonials

WE'RE NOT HAPPY UNTIL YOU ARE

Tina is incredible at what she does. She is not only capable and knowledgeable, but patient and empathetic. She listens and looks for solutions that work for us, and goes out of her way to make the backend communications and haggling with other agents less stressful. Buying a house in the midst of COVID-19 could have been a much tougher experience for our family than it turned out to be, and Tina was a huge part of that success.

Yama and Susan R

Long Beach, CA

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Tina is a professional, friendly, extremely competent agent. She is an absolute workhorse and, had it not been for Tina filing an appeal regarding a poor appraisal, we may have lost this house. She is AMAZING!!

Tamara C.

Long Beach, CA

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If you want experience and a fast sell of your house with no stress, Tina is your Real Estate Agent. We did not have to worry about pricing, appraisal, staging, etc. We live 900 miles away from the condo she sold. She found the buyers, she gathered the information needed and she sold it after one open house on a Saturday and Sunday. She is a star! The best thing you could ever do is hire Tina to sell your property.

Nanci A and Maureen S.

Long Beach, CA

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I have worked with Tina on several occasions. Her service and level of care is amazing. The reason I keep going back to her is her ability to advise and determine property values is better than any agent I have ever worked with. She is straight forward and honest.

Jereme J.

Long Beach, CA

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Working was Tina was the perfect fit for my situation. During the initial open house, she makes a point to become acquainted with prospective buyers. This was important to me as I wanted the new buyers to truly appreciate this family home that my dad built.

Charlene C.

Long Beach, CA

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