Granada Hills CA Probate Real Estate
Granada Hills is located at the foothills of the Santa Susana Mountains and is a stunning community full of incredible condos, some probate condos.
Properties that are sold in probate court oftentimes are priced significantly lower than other condos, due to the nature of the situation. With the purchase of a probate condo comes risk, since probate sales often take more time than traditional real estate sales. With condos in Granada Hills typically having a hefty price, it’s easy to understand why many buyers and investors jump at the chance to purchase a probate condo, but before you make the decision to purchase a probate condo, make sure you have all of the relevant details and are prepared for the sales process these properties go through.
Why is a condo is sold in probate court? A condo or home will be sold in probate court when the owner passes away intestate or without bequeathing their property. When this happens, the state takes over and administers the sale of the property. The court wants to be sure that the property is marketed and sold at the best price, so to ensure this, the court requires certain steps, procedures, and processes are followed.
Probate laws vary from state to state, but any seasoned real estate agent will know about the specific details relating to probate sales.
Risks of purchasing a probate condo include:
- The 10% deposit required with the offer is not refundable unless the original buyer is not the final court confirmed buyer.
- Since the seller has passed away, there may not be someone who can disclose details that may negatively affect the condo’s value, such as a water leak, etc.
- If you are a serious buyer, have the home inspected from top to bottom before making an offer.
Living in Granada Hills The community of Granada Hills started out as a dairy farm and orchard known as the Sunshine Ranch and grew oranges, walnuts, beans and apricots. In 1916, the San Fernando Valley’s first oil well was drilled into what is now known as Granada Hills.
The diverse neighborhood in the San Fernando Valley region is an ideal place for families with children. The low population in the area offers residents a quiet, suburban lifestyle with cul-de-sacs and tree-lined streets.
The culinary scene of Granada Hills is just as diverse as the community. There are savory BBQ restaurants, Korean restaurants, authentic Mexican restaurants, and plenty of other incredible restaurants. Dine at the Thai restaurants, eat sushi, enjoy Italian and chow down on some pizza all within the Granada Hills area.
Residents of the Granada Hill area enjoy several art galleries and studios that display a variety of local and international artists, local pubs, concerts, festivals, Grubfest, book fairs, Oktoberfest, family movie nights and 4th of July fireworks.
Along with all of these exciting things to do, there are also plenty of great parks and recreational centers in the community such as O’Melveny Park, the second largest park in Los Angeles. The park provides ample open space with picnic areas, citrus trees, small streams and hiking trails. The Granada Hills Recreation Center is the perfect spot for your kids to enjoy the playground area or the sports fields. Be sure to also check out the farmers market on Zelzah Avenue or Balboa Avenue to purchase organic produce and baked goods.
Schools in Granada Hills Granada Hills is a great area to raise a family in. The schools are top-rated and offer a variety of activities for students to participate in.
Schools serving the Granada Hills community include:
- John F. Kennedy High School
- North Valley Charter Academy
- Granada Hills Charter High School (formerly Granada Hills High School)
- Valley Academy of Arts and Sciences
- George K. Porter Middle School
- Robert Frost Middle School
- Patrick Henry Middle School
- El Oro Way Elementary Charter School
- Knollwood Elementary School
- Danube Avenue Elementary School
- Jane AddamsContinuation School
- Tulsa Street Elementary School
- Haskell Elementary School
- Van Gogh Street Elementary School
- Granada Elementary Community Charter School
Probate Condos in Granada Hills Probate condos in Granada Hills do not come available often, but when they do, they can be a great investment or new home. Some of the most popular locations for condos include Woodley Avenue and Chatsworth Street. Here you can find luxury condos with incredible amenities.
The Sanborn Team is here to help you with every step of the buying and selling process as a true real estate partner. Contact us with any questions you may have about purchasing a probate home in Granada Hills.
2 Results Found
Search Results
34.267637,-118.514815PendingStatus Pending
Listing Price $799,00017447 Tribune Street, Granada Hills, California CA 91344-4756
2 Bedrooms
1 Total Baths
1,172 SqFt0.218 Acresr91515956 34.258609,-118.484026ActiveStatus Active
Listing Price $649,00010341 Collett Avenue, Granada Hills, California CA 91344-7009
3 Bedrooms
2 Total Baths
1,608 SqFt0.157 Acresr91515956
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