Loans to
Probate
Location: Anaheim, CA
Funded: $1,150,000
Private Loan Type: Probate Loans
Deal Highlights:
Deal Summary:
Mom died suddenly and intestate (without a will or trust). During the probate process, the heirs determined who wanted to keep the property. With no other assets, the attorney petitioned the court to allow for the administrator to encumber the property to provide the liquidity to equalize the estate. The final order from the court allowed the cash to be distributed to the three heirs that wanted their share in cash, and the property to the remaining heir. From there, the heir was able to refinance into more permanent financing to repay our probate loan.
Deal Details:
More Deals by HCS Equity
HCS Equity is a private money lender based in Carmel, California, specialized in loans for trust & estate property.
Trust Equalization
$391K trust loan in North Hills used for trust equalization, allowing one sibling to keep the family home and preserve its low tax base under Prop 19.
Reverse Mortgage Payoff
$125K loan in Winter, CA paid off a reverse mortgage, preventing foreclosure and giving heirs time to prepare and sell their late father’s home.
Sibling Buyout – Probate
HCS Equity funded a $669K probate loan in San Jose, enabling a sibling buyout and preserving property tax benefits under Prop 19.
