A probate sale is when the owner of the property dies and an Executor or Administrator steps in to handle the sale of the property for the estate to then be divided among the heirs/beneficiaries following the closing of escrow.

Sometimes an owner is not able to act on their own behalf or there are family disputes and there is a need for a court appointed Fiduciary or Professional Trustee to sign on behalf of the owner.

A receivership sale is when a court-appointed receiver executes the sale of abandoned and/or substandard property due to the property owner not complying with local agencies order to abate.