This probate home for sale is located at 1266 Oregold Pl, San Jose, CA 95131 in the Rosewood Condominium Community. The condo is listed by Kathleen Daniels, Certified Probate Real Estate Specialist (CPRES).
According to the management company the Rosewood community consists of 191 units. The HOA fees as of January 2019 for this unit are $265 a month.
Community Features Include:
- Swimming Pool
- Game Court
- BBQ Area With Picnic Tables
LIST PRICE $659,999
This probate home is an upstairs end unit. It has 2 bedrooms, 2 bathrooms, wood burning fireplace in the living room. The master bedroom suite has a walk-in closet and over-sized tub with shower. Inside laundry, attached 1 car garage and 1 assigned parking space steps away from the garage. Convenient access to the stairs directly from the interior garage door.
Buying a House Under Probate
This condominium is being sold by the administrator of the deceased owner’s estate.
The administrator was granted full authority under the Independent Administration of Estates Act or IAEA. That means a probate sale without court approval and the sale avoids the California probate sale overbid process.
For more information on the probate home sales process visit California probate sale of real property
What is a Condominium?
As defined by Davis-Sterling: “Condominium is Latin in origin and means co-ownership. Unlike stock cooperatives, condominium owners hold title to their units. A condominium is defined as “an estate in real property, consisting of an undivided interest in common in a portion of real property coupled with a separate interest called a unit.” (Civ. Code §4125.) The covenants, conditions and restrictions (“CC&Rs”) recorded against the entire project restrict the use of the property and define the responsibilities of association as a whole as well as the owners individually.”
It’s important to remember that buying a condominium means we need to be aware of the rules and regulations of the community as well as the Covenants, Conditions, and Restrictions, also known as the CC&Rs that dictate what homeowners can and cannot do. Always read the HOA documents carefully before making a decision to buy.
Certified Probate Real Estate Specialist (CPRES)
Kathleen has extensive probate realtor training and experience. She has been selling real estate in probate since she was licensed in 2003.
For a private showing of this probate home located at 1266 Oregold Pl, San Jose, CA 95131 call probate agent, Kathleen Daniels at 408-972-1822 to see this condominium located in the Rosewood community.