Legal Question in Wills and Trusts in California
Highest Bidder on Court Approved Home Sale
I wanted to buy dad�s house at current market value but the Court tried to make me pay the value at the time of death. Because of the real estate losses throughout America, the current value is $100,000 LESS than the time of death. I was the highest bidder in court but the judge awarded the house to the next higher bidder just because he is paying cash. However, the escrow has NOT closed for over 30 days. My loan would have closed in five days � this is NOT fair.
1 Answer from Attorneys
Re: Highest Bidder on Court Approved Home Sale
Sounds like the case is over, and you lost. Did you have an attorney with you in court? It sounds like they had an attorney, and you didn't, and we all know how those kind of cases turn out.