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What is a Probate Sale? Answering 4 Big Questions About This Tricky Transaction

HomeLight

You’re interested in buying a house, and someone told you about probate sales. But — if you’re being honest — you really have no idea what a probate sale is or how it works. What is a probate sale? How does a probate sale unfold? A probate sale can be complicated and take time.

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Distressed Property: What It Is And How To Invest

AAOA

Sometimes, life throws the owner curveballslike divorce, bankruptcy, or forced liquidationwhich can also lead a property down this path. Probate Sales: With probate sales, people sell properties as part of estate settlements after the owner has passed away, oftentimes to distribute assets among heirs.