At times, a deceased loved one may leave instructions about selling their home. This property will have to be sold through the legal process known as probate. This involves the transfer of property from an estate to the owner’s beneficiaries. Should the property be sold, the probate court will then split the proceeds from the sale between all the beneficiaries.
With over 65 percent of Americans being homeowners according to the National Multi Housing Council, and with 78 percent of adults aged 45 and older owning a house, there’s a reasonable chance that their property will end up in probate. Selling a real estate property and listing it among homes for sale in Menifee, CA requires you to follow strict sales procedures as laid out by real estate law in California.