Probate house is coming on the market in Oakland, CA. The owner died five years ago. I was informed that the house has to first be appraised with values at the time of the owner's death! Really? Yes, that's per probate law.
Of course, the house has to be sold at current prices so there will be two appraisals, one using comps of five years back and one using current prices.
Of course, the house has to be sold at current prices so there will be two appraisals, one using comps of five years back and one using current prices.
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