Fred is a Certified Trust and Probate Real Estate Specialist. He comes highly recommended by Trust and Probate Attorneys when they have clients in need of a Realtor that understands the complexity of a Trust and Probate Sale and how it should be handled. Every Trust and Probate sale is unique with its own challenges and Fred can identify the best strategy and approach for a smooth experience.
Risk Mitigation and protecting clients from Liability is top priority. His approach in a real estate transaction is to guide his Seller step by step through the process from assisting with selecting the Buyer that will pay the highest value and offer the best terms to assisting with navigating the Inspections process and confirming all Seller Disclosures have been properly filled out. Renee Chien, Compliance Manager works on his team to make sure all documents have been properly completed.
At Realty One Group, there is an In-House Real Estate Attorney that is available 7 days a week to answer any legal questions that may arise in an Escrow and this is an extra layer of protection for his clients.
Here for you:
Probate can be overwhelming and stressful time for the Personal Representative handling the Estate. Fred understands the emotion and offers the patience and experience to guide you through the Probate process.
What is Probate?
If there is no Living Trust established and recorded with Orange County, the Heirs will go through the Court Process known as Probate which is costly and takes a Year or more to complete.
A Probate proceeding serves many purposes such as gathering and safeguarding the decedent’s assets, paying all legitimate creditors of the decedent, and distributing the Estate’s assets to the appropriate heirs. Probate is a court-sanctioned process that allows the transfer of the decedent’s property to the living heirs. To explain it in a real estate fashion, during a sale the homeowner is required to sign a deed in order to transfer property to the buyer. However, if the homeowner is deceased, then the court needs to appoint a Personal Representative (this person will be an executor named in the will or an administrator if there is no will). The Personal Representative will have the legal authority to sign the deed transferring the house to the buyer, all of which is overseen by the court.
Probate is a public process. As the Personal Representative, it will be Public information that you have been appointed by the Court and you will receive many calls from Investors looking to purchase the property and claim they are offering you a great deal. You have a fiduciary responsibility to maximize net proceeds on behalf of the estate. Contact Fred today for a complimentary Probate Real Estate Consultation