- Probate Sale
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A legal process in which a court oversees the settlement of an individual's estate after his death. If the deceased's will doesn't specify who should inherit his property after his death, the property is turned over to the courts, which eventually appoint the closest relative to sell the property. Prospective buyers usually need to make a court appearance with their agent after putting in an offer on the home. The process can be difficult and involves extra fees for court and attorney costs to settle any lien disputes over the estate. Because the process of buying a probate sale can be long and complicated without much guarantee of success, Redfin does not represent buyers or sellers in the sale of these homes.