Trust sales with court confirmation that the estate is being probated. Sure the price is negotiable. You would put in an offer. If the estate accepts it you would open escrow just like a normal purchase. It's best to have an agent on your side to negotiate this for you. You usually need 10% deposit (earnest money) to put an offer in on a property that has court confirmation. I have seen this waived though. It depends on the attorney and if the trust agrees to it. During the escrow period you do your inspections like normal. At the hearing there is a chance that other people might bid on the home. The minimum over bid amount is usually 5% over the accepted asking price. The people (if any) that overbid on the house must bring cashiers checks or cash of 10% of their overbid amount. If they win it in court via bidding you are no longer in escrow and would lose any money you paid for inspections or appraisels.