Selling real estate during probate or trust administration requires a clear understanding of what influences market value. Factors like the property’s condition, location, comparable sales, and legal requirements all play crucial roles. Here’s a closer look at these key elements.…
Just a quick story to remind you how I can best help…. Danielle’s father had died, and her mother passed away a year later. As an only child, Danielle was beyond overwhelmed with all that needed to be done through…
If you’re handling the sale of a home in probate or trust administration, you may be overwhelmed with phone calls, mail, and unfamiliar terminology. Understanding key real estate terms can help you navigate the process with confidence. Here are five…
As real estate experts, we view preparing a property for sale as an essential task in a familiar process. Executors, administrators, and personal representatives, even those that have sold numerous properties previously, are unprepared for the emotional reactions of themselves…
Just a quick story to remind you how I can best help… Trustee Robert lives in Troy, New York; quite a distance away from his brother’s home in the estate. Because he was 87 years old, Robert asked his New…
Do You Need a Tax ID Number When Selling Probate or Trust Real Estate? If you are an executor, administrator, or trustee selling real estate as part of a probate or trust administration, the short answer is yes. In most…
Getting a probate property or home in a trust ready to sell involves more than cleaning. Before the first showing, we recommend completing these five steps to protect the estate and increase the odds of a successful sale: Secure…
The sale of real property during probate can be a daunting task for the personal representative. Probate real estate sales require a level of expertise that extends beyond traditional transactions, and that's where a Certified Probate Real Estate Advisor (CPREA)…
You have been asked to be the personal representative. As the personal representative you have been appointed by provisions expressed in your loved one’s Will, or thorough the Probate Court. You may consider this position an honor but it can…
Once a home is under contract, inspections begin. The buyer typically starts with a general home inspection that costs around $600, and depending on the findings, may be advised to bring in specialists such as plumbers, electricians, or roofers. This…