If you’re a house buyer in San Francisco, you’ll eventually find a property you like that’s being sold through probate. These sales happen because there’s a death in a family and a will that needs to be resolved. A probate interprets the instructions of the deceased, and there is an executor appointed that handles affairs for the trustee.
When homes are being sold through probate without court confirmation, the process is fairly straightforward (with a few exceptions). However, when court confirmation is required, things get more complicated. Before you decide to pursue a property being sold in this manner, it’s important to understand what’s involved:
There will be a court date to approve the sale. A court date will be set to confirm a contract accepted by the trustee. The date is typically set about one- to two months from the time of offer acceptance (and contingency removal by the buyer). Continue Reading