We are considering buying a probate home in California. What do we need to know?
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FIRST ANSWER
If the sale requires court confirmation you will need to have a cashiers check for the amount of 10% of your offer that will be held until the court decides who gets the house. There is usually a first bid on the property then the subsequent bids are usually overbids. You will most likely need to show up in court on the date and appointed time. These sales can be a lengthy process and most of them are AS IS.
Good luck!
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Answered Tue Jul 7 2009, 08:27 by Art White in Kensington
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