A real estate agent,

A real estate agent, referred to often as a realtor and/or a real estate broker, is a person who represents sellers or buyers of real estate or real property. While a broker may work independently, an agent usually works under a licensed broker to represent clients.[1] Brokers and agents are licensed by the state to negotiate sales agreements and manage the documentation required for closing real estate transactions. Buyers and sellers are generally advised to consult a licensed real estate professional for a written definition of an individual state's laws of agency. Many states require written disclosures to be signed by all parties outlining the duties and obligations. Generally, real estate brokers or agents fall into four categories of representation:

A mortgage

A mortgage is a written agreement that gives a lender the right to take your home if you don't repay the money they lend you at the terms you agreed on. Bankrate Mortgage Calculator Use our free mortgage calculator to estimate your monthly mortgage payments. Account for interest rates and break down payments in an easy to use ...

The process of selling real estate

The process of selling real estate (real property) through probate or trust is a series of court-regulated steps that must be carefully monitored and managed. Deadlines are unforgiving, documentation is specialized and the court’s oversight must be honored throughout the marketing, offers, negotiations and sale of the property. In addition to the personnel of the court, the sale generally involves the Executor or Administrator of the estate, the attorney representing the estate, a real estate agent representing the seller (the estate), one or more buyers who place bids with the court and the buyers’ real estate agents. Each of these individuals must follow the guidelines and deadlines of the court. Because of the involvement of the court, probate and trust sales have a vocabulary all their own (see glossary). They also involve various disclosure documents and contracts that are not used in other real estate transactions. If you are selling or buying real property through such a transaction, your real estate agent should be experienced in probate and trust sales and be able to explain the language, the documentation and the steps in the process. Clear communications are vital. To help you understand the probate and trust sale process, here is a list of some of the steps involved in a typical transaction: Appointment of the Administrator or Executor of the estate. In most cases, the decedent’s will names an Executor who is designated to handle the distribution of assets, including real property. If no Executor is named, if the named Executor is unwilling to serve or if there is no will, the court appoints an Administrator to carry out these duties. The Executor or Administrator is the person who has the authority to list and sell the property; the sale cannot proceed until that person has been identified.

Real estate experts

The Real Estate Experts at The Sanborn Team Can Guide You Through a Seamless Probate Selling Experience. Why Should You Use The Sanborn Team? AUTHORITY: Nancy Sanborn is Executive Director of Berkshire Hathaway HomeServices California Properties Probate and Trust Sales Division. EXPERIENCE: With over 30 years’ experience, Nancy has unparalleled expertise in probate and trust real estate. CUSTOMER SERVICE: Nancy utilizes a direct, people-friendly approach and considers the big picture while skillfully managing complex details. CLIENT LIST: The Sanborn Team’s clientele includes some of California’s most prestigious attorneys, accountants, trustees, administrators and conservators, and most distinguished property owners.

Understanding Property

Understanding Property Intangible property describes assets, such as stock and bond certificates, that represent current or potential value but don't carry intrinsic value. While these items are merely pieces of paper, they might represent significant amounts of money. Other types of intangible property, such as a brand’s