Judges Determining Sale Price?

[Reggie Youngblood]

I have a lead on an inherited property, but the lady said the judge won't allow her to come down on the asking price. Has anyone ever experienced this?

[Phillip Dwyer]

Look up discussions on the probate process. Basically when someone dies, their stuff goes through the probate process in order to make sure creditors and heirs are accounted for. This process can be avoided with proper estate planning. I'm not sure how it works in your state, but real estate is usually appraised with an effective date being the date of death. The appraisal is then used by the courts when looking at offers.