Buying a Probate Property
Probate homes can offer real opportunity — if you understand the rules that govern them.
What makes probate purchases different
- Properties are typically sold as is; the estate makes few or no repairs or disclosures beyond what law requires.
- In a court-confirmed sale, your accepted offer is not final until the judge confirms it — and other buyers may overbid you in the courtroom.
- Contingencies are often limited or not permitted in court-confirmed sales.
Deposits and financing
Court-confirmed sales typically require a 10% deposit, and overbidders must bring a cashier's check for 10% of their bid to the hearing. Financing is allowed, but you must be ready to close on the court's timeline. As a licensed loan broker (NMLS #1007490), we can help you line up financing suited to probate timelines.
The confirmation hearing
Read how overbidding works in Court Confirmation & Overbids. If you plan to overbid, attend in person or through counsel, with funds and proof of financing ready.
Full-authority sales
When the representative holds full IAEA authority, purchase terms look closer to a conventional sale, with a 15-day notice period for heirs before closing.
Looking for probate opportunities?
Tell us what you're looking for. We'll explain how listings and confirmation hearings work in Los Angeles County.