To learn more about the Trust sale process, see the Trust Sale section.
When purchasing real property held in Trust, it differs from a Probate purchase. The timing of a Trust sale is not lengthy as a Probate Sale since the court is usually not involved. The details of the sale are in accordance with the terms Trust.
In making an offer, there are required Trust forms necessary, and the offer is presented to the estate representative who will then accept, counter, or reject the offer as with traditional sales. Buyers of a Trust sale must remember seller is deceased. There usually isn’t anyone to disclose much about the property that may negatively affect the property’s value. This is a possible risk. Therefore, it is best to hire an experienced real estate representative who understands the important due diligence process in a Trust sale and what the estate can or cannot disclose. An experienced broker protects their clients, and has a trusted, qualified team in place to handle all inspections and due diligence of the Trust purchase transaction.
Steve Davis is a 30-year veteran of the real estate industry, and recognized real estate expert. Steve has completed hundreds of transactions totaling more than $300M. Additionally, Steve’s team adds over a decade of experience in the Trust and Probate sales arena. In working with the Steve Davis Team, rest assured a well-qualified team will earnestly represent the Trust estate, clearly communicate with legal counsel, update clients throughout, and diligently follow relevant protocol pursuant to California Law.
Disclaimer: This is not legal advice. Consult with a legal professional when dealing with matters discussed above. If you do not have trusted legal representation, contact Steve Davis Team and we will be happy to refer you to carefully selected legal advisors specializing in the desired area of need.
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Steve Davis Estates is a licensed real estate broker (00986011)independently owned and operated in the State of California, and abides by Equal Housing Opportunity laws. All material presented herein is intended for informational purposes only. Information is compiled from sources deemed reliable but is subject to errors, omissions, changes in price, condition, sale, or withdraw without notice. No statement is made as to accuracy of any description. All measurements and square footages are approximate. Exact dimensions can be obtained by retaining the services of an architect or engineer. This is not intended to solicit property already listed.
