patrick.net

Does anyone see a problem with this listing? How do probate sales work? Having to include a cashier's check 10% of the offer price payable to someone other than an escrow company sounds dangerous doesn't it? There are 3 listings in my area that came on the market priced much lower than everyone else yesterday requesting for 10% cashier checks.

The listing appears on Zip, but not Redfin. Strange.

Hi,

I'm the listing agent and the reason for the 10% EMD (Ernest Money Deposit) in the name of the Estate is because there may be a chance that this Probate will need to be Confirmed in Court and that is what the Court's will require.

If anyone would like additional information on this property please contact me at any of the contact information provided bellow.

Very truly yours,

Paul C. Ryan, CRS, GRI
Broker - Owner
Ryan & Associates Realty
San Francisco, California
415-584-6160
ryanre@pacbell.net
http://www.sfproperties.net

It is also listed in the SFAR MLS: Listing #374728 - http://www.sfarmls.com/scripts/mgrqispi.dll?APPNAME=Sanfrancisco&PRGNAME=MLSPropertyDetail&ARGUMENTS=-N515949834,-N251386,-N,-A,-N0

I found the Refin and Zillow links and added both to this page, above.

Zillow has it "recently sold" at $160K. So is someone flipping it?