Just Listed: Probate Fixer with Court Confirmation
We just listed a probate fixer that requires court confirmation—a rare but important detail to understand if you’re considering this type of purchase.
Over the years, I’ve worked closely with a wide range of probate and trust attorneys. Most of them are flexible and understand the dynamics of today’s real estate market. For example, instead of the traditional 10% earnest money deposit often required in probate sales, many attorneys I work with are open to accepting a more standard 3% deposit. This makes it easier for buyers to acquire these properties without tying up too much capital upfront.
Even better? The majority of probate listings I handle don’t require court confirmation at all.
However, this one does—and that’s important to know.
What Court Confirmation Means for Buyers
Court confirmation can be a big turnoff for buyers and investors. Here’s why:
First, the buyer submits an offer and, once accepted, opens escrow. Next, they complete inspections and obtain loan approval. After all the contingencies are removed, the listing attorney sets a court date—usually about four weeks out.
Sounds simple so far, right?
But here’s the catch: At the court hearing, any other buyer can walk in and outbid the original buyer.
That’s right. Even after jumping through all the hoops, a new buyer can show up and outbid you in court—typically, the first outbid amount is just over 5%. That uncertainty is what makes court-confirmation escrows less desirable to home buyers
Should You Still Consider a Probate Fixer?
Absolutely—if you know what to expect and have a top real estate team on your side.
These properties often come at a discount and offer great upside potential, especially for investors or handy homeowners willing to put in some work. And with the right representation, you can navigate the process with confidence.
If you’re curious about this Sunland fixer listed at just $649,000—or want to learn more about probate sales in general—reach out anytime. I’m happy to walk you through the process and see if it’s the right fit for your real estate goals.
