LA COUNTY PROBATE - COURT APPROVAL

[Matt Casey]

Hi BP community, 

I am going to a probate overbid situation in LA County and am curious to hear from others regarding the process.  I have read a few threads regarding this process but I am looking for more details from someone who has successfully purchased a property this way.  

The following documents that I will need are:

1) Probate Form - Bid in open Court on Sale of Real Property PRO009; 

2) 10% of the overbid amount in cashier check; 

3) Checks for further overbidding / Proof of Funds (i.e., bank statements, etc.);

4) Verification of LLC

Also, it says a Fincen form will need to be completed in court by all buyers? I'm not sure what that is?  Is there anything else I need to be be prepared?

Appreciate any of your insights!!