real estate

More adventures in Probate in Los Angeles

We recently helped a client named Donna with selling her fathers Estate in Los Angeles.  It was several properties that were in bad shape. A ton of remodel and termite work needed. The properties would definitely not pass any financing or any inspections. Once Donna hired us, we got to work immediately.  

Her Attorney at Mansell & Mansell, was concerned that Donna wouldn't get a decent offer.  We were able to find her a buyer who wasn't scared of all the work needed to bring it to a livable condition.  We were also able to arrange for a custom escrow period to allow Donna to have time to find a new place to live. In addition we also helped her with a deposit on her new rental as she did not have any deposit money to move.  Many sellers aren't aware that when escrow closes, that money does not go to the petitioner.  It must first go to a "Trust Account" until a date can be set where the judge will allow for a final distribution. As you can see this can cause a big problem for the occupants as they will need to move out when escrow closes. Furthermore there were several non-paying tenants on the property. We advanced funds to have them all served a notice to vacate and helped Donna rid the property of all bad tenants, while avoiding breaking any of L.A.'s strict tenant laws.  Thankfully we were able to close escrow and Donna is a happy camper now being able to move on with her life.

This is an example of the lengths that we go to for our clients to help them sell and close escrow on property in an estate that must go through probate in California.  If you or someone you know is unsure or about to go through probate in California please call us or email us at orozcogroup1@gmail.com 

 

Home of the week!

Dear readers, fans and clients we have so much we want to tell you and a lot of value to give away. However we must stop to recognize this modern home that just hit the market.  Prepare to be blown away!  

 

 

 

 

 

 

 

 

A modern architectural masterpiece in a spectacular setting. This glass & steel home on 2.5 acres was designed and built by the same architects & builder as the well-known Black Desert House. It has been featured in the High-Desert Modern Architecture tour. Double-butterfly roofline, polished concrete floors, custom stacking sliders folding into the walls, built-in sound system inside & out, living room & patio fireplaces - a perfect entertainment home. Chefs will love the gourmet kitchen with polished concrete countertops & 10ft. island - surrounded with windows. The huge master bath has a free-standing tub, dual polished concrete waterfall/counter & sinks on floating walnut cabinets & floor to ceiling glass shower wall. A large master bedroom with walls of windows captures the mountain views. Two other bedroom/offices with sliders, guest bath, interior laundry room & detached garage.