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Real Estate of a deceased person goes into probate unless the real estate is held in trust. The Yermo probate court sale of real estate becomes
subject to certain legal requirements and regulations. Typically, Real Estate requires the Yermo Yermo 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 Yermo 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 Yermo Probate Court real estate.
Whether your selling Probate real estate or interested in buying real estate that is in Yermo Probate Court, Tom makes the process
Easy.
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 Yermo Probate Court approval. Once accepted, no other offers can be accepted,
but interested parties can overbid the offer at a court hearing. A Yermo 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 Yermo 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.
Yermo
For example, If the contract is for $100,000, the minimum bid allowed will be $105,500. At Yermo Probate Court time the bidders are required to
present a 10% cashier's check of their bid to the Yermo Probate Court as a deposit.
Has years of experience and several full time Realtors®. You can feel secure knowing Gold Point Realty has proven "know how" o
sell your Yermo real estate. We are members of the Victor Valley MLS Board, CAR, NAR, Apple Valley Chamber and Victorville Chamber.
95% of our listing get SOLD
So you want results, then you can count on us!
We are licensed by the California Department of Real Estate License
# 01523546. Tom has experience in Yermo Probate listing and sales of real estate.
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