Redfin
JULY 28, 2025
Key takeaways: A probate sale is a court-supervised process for selling a property owned by someone who has passed away. The process involves court appointments of an executor or administrator, property appraisal, and court confirmation of the sale. What is a probate sale? Now, let’s get started.
Redfin
JULY 31, 2025
Consider which option fits your goals: Traditional sale: It’s possible, but you’ll need a real estate agent who’s comfortable marketing distressed properties. Choose one who works with investors or handles estate and probate sales. Be wary of buyers with financing unless they’re using renovation loans.
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AAOA
MAY 5, 2025
Renovating distressed properties doesnt just restore their functionality. Cons Frequently, distressed properties require substantial repairs or renovations to bring them up to a livable or marketable condition. The heirs may want to get the property off their hands quickly, which can translate to a cheaper sale for you.
Marco Santarelli
JANUARY 27, 2023
If your investment focus is on pre-foreclosure, foreclosure, bank-owned property (REOs), or probate sales then you are likely to be purchasing resale properties. Additionally, resale property that has undergone renovations may not meet current-day building codes.
HomeLight
OCTOBER 20, 2020
The Los Feliz Mansion closed on July, 18, 2016, and was snatched up in a probate sale the month before. Public sale records show the house dropped in price from $2.75 million to its final sale price of $2.3 “Some buyers will think that they can take advantage of the situation and make a crazy [low] offer,” she says.
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