Introduction
You have lost a family member or friend, and now the reality of the settlement of the estate has set in. The feeling can be overwhelming. At the Barrentine Group, we have years of experience in simplifying complex real estate transactions. In the area of Probates, Trusts, and Conservatorships, there is an added layer of complexity that only the most experienced navigate to the client's advantage. We perform a support role as you take on the responsibility of settling an estate. Having personally been Executors, we understand the responsibilities and pressures of the position. From the initial re-key and preparation of the property through the close of escrow, we think of the things you haven't thought about yet and can handle them all for you.
Two things make a major difference in any real estate transaction: education and communication. We pride ourselves on both. Crucial to a successful outcome is a client who understands the probate sales process and who has the information needed to make necessary decisions. We begin with a consultation to determine how to tailor the transaction to you and your family's needs while following local legal procedures. We communicate the way you want and expect. Each conversation ends with "and this is what you can expect to happen next," which brings clarity and comfort to the process.
Process
Here is an overview of the probate timeline.
For Executors the trust process is more simplified in that a party or parties, once in agreement, have the ability to sign off on the settlement and the timeline moves forward.
For Administrators the probate process does require that the court approve the sale of real property and with full authority once the sale is within 10% of the appraised value, the court will be satisfied. Without full authority to sell, the sale will be required to have a final overbid process which is essentially an auction held at the court.
The flowchart below helps visualize the system.
