California Real Estate

What is Probate, Temecula Valley, California?

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Probate is a scary word in real estate since it is not a majority sale type.  Agents and Buyers have little experience with the ins and outs so the typical result is to avoid these types of sales.  We’ve had the privilege this year to participate in 4 probate transactions and successful court approved closings so we have a little more confidence in the process and what is expected by the parties involved.

So what is probate?  Probate is the legal process that results in a court validating someone’s will or determining that he or she died without one. The court, as part of the probate, will appoint someone to handle the bills of the deceased as well as his or her assets.

I’ve located an article that really drills down and explains some of the finer points here at

Overview of the California Probate Process  Please keep in mind that laws are constantly changing.  We strongly recommend that you seek legal counsel prior to making any decisions based on information provided by this blog.

If you find yourself or a family member in a situation where a probate sale may be necessary, please give us a call so that we can share our marketing strategies.  Keep in mind that these type of sales are generally avoided so an excellent marketing strategy and good communication skills will make a huge difference in bridging the gap of understanding with the public resulting in a faster sale at a higher price.

Our primary areas of experience include Temecula, Murrieta, Menifee, Wildomar, Hemet, Winchester, French Valley and Lake Elsinore.  We look forward to your call!  April Greer at 951-522-0518 or april@teamgreer.com

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25531 Turfwood Street, Menifee CA

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25531 Turfwood Street Menifee-MLS_Size-003-7-25531 Turfwood St-1280x960-72dpi Just Listed $ 319,900

See Virtual Tour and All Photos Here

Check it out!  End of the cul-de-sac location on 1/3 Acre with 3 car garage and pull through garage access into backyard!

25531 Turfwood Street Menifee-MLS_Size-015-17-25531 Turfwood St-1280x960-72dpiRemodeled Kitchen with new appliances

25531 Turfwood Street Menifee-MLS_Size-005-2-25531 Turfwood St-1280x960-72dpiOpen Floorplan has 4 beds/3 baths PLUS Loft

25531 Turfwood Street Menifee-MLS_Size-032-24-25531 Turfwood St-1280x960-72dpiApprox 1/3rd Acre

25531 Turfwood Street Menifee-MLS_Size-035-35-25531 Turfwood St-1280x960-72dpiRoom for anything you can imagine!

Live on the Market today at 25531 Turfwood Street, Menifee, CA

Call 951-522-0518 for a private showing

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California Home Prices 2015

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May 2015 home sales and price report- taken from car.org 6-15-15

California home sales soften in May but spring home-buying season continues momentum.
  • Existing, single-family home sales totaled 423,360 in May Statewide. That was down 1.1% from April but up 8.9% from May 2014.
  • Statewide sales were above the 400,000 mark for a second straight month.
  • May statewide median home price was $485,830, up 0.8% from April and 4.4% from May 2014.
  • California median home price was the highest since November 2007.
  • Available housing supply remains constrained with 3.5 months of inventory. A six-to seven month supply is considered typical in a normal market.
  • The median number of days it took to sell a single-family home statewide fell in May, down from 34.3 days in April to 28.5 days in May and 31.8 days in May of 2014.
  • Statewide, sales-to-list price ratio market indicator suggests that homes are selling for 99% of the list price, essentially flat compared to May of 2014 at 98.8%.

Thinking about a purchase or sale in The Temecula Valley and how this information applies to your plans?  Call us at 951-522-0518.  We’ve been connecting qualified buyers and sellers in the valley since 1998!

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