If this is an equity sale, it can close in the same time frame as a non-probate sale.
If it is a short sale, it will take a long time, like any short sale.
If no court approval is required, the decision is made by the trustee or executor just like in a normal sale.
You pretty much have your answer from all the other agents, just ensure that if there are others who need to sign off the contract that they are available to do so. Your agent should be able to find that out, and usually it is not a problem.
Hope this helps,
Typically there is one person designated as having the authority to sign the purchase agreement, but sometimes there are family battles to deal with. Have your Realtor ask what is involved in the approval process so you'll know ahead of time.
RE/MAX of Santa Clarita
27720 Dickason Dr
Valencia, CA 91355
If there is not any court approval required for a probate sale (for example, when the home sold is part of a trust), then the sale can proceed in the normal manner and you can expect a closing date of between 30 and 40 days after the acceptance of an offer. I handled a probate sale recently for my buyer clients, and there was absolutely no timing difference between this sale and a "regular" sale where the sellers are alive. The only notable difference was in the acceptance of the offer because all of the parties in the trust had to sign the purchase contract, but, other than that, it was a breeze.
Your real estate agent should be able to assist you in discussing and familiarizing you with the requirements for the probate sale, and should be able to let you know if there will be any problems due to the probate. If you have any other questions, or need an experienced Realtor to help you, feel free to contact me.
Grace Morioka, SRES
Area Pro Realty
San Jose, CA