Here’s where we really shine. First, we will help you determine specifically what the most critical objective or objectives are regarding the real estate that’s involved in the probate.
If so, we can provide immediate cash buyers from our list of qualified investors. Often, this is vital to allow a surviving spouse to move into a more suitable location, handle medical or other bills or simply get asset funds into the hands of the heirs quickly. Our investors can often make offers within 24 hours on almost any property and can close really quickly. Sometimes, funds can even be advanced prior to closing. Of course, timelines are frequently subject to the courts and filing timelines which are beyond our control, but our efforts minimize these delays whenever possible.
When maximum revenue is the focus, we’ll make certain the property is not only listed properly but marketed aggressively and intelligently to assure maximum exposure. We’ll make sure you know exactly what the property is worth if you are willing to wait for the right buyer and we’ll help you determine any possible repairs (if any) that might add more to the final selling price than their cost – in other words, the greatest bang for the buck. Be aware that all too often, ill-informed sellers spend far too much on repairs that do not even cover their cost in the final sale price. This is where our experience, preparation, and savvy marketing skills come into play.
The estate must be settled. Therefore, it is up to the beneficiaries (if more than one) to determine how the equity of the property will be divided should one of the beneficiaries decide to keep the property and rent it out.
This is a great question. A certified probate real estate specialist can quickly assess the market value of your home to give you a clearer picture of what to expect in a sale. As you may already know, the current market conditions in the home’s community will be a determining factor. True value is what a buyer is willing to pay. Many factors need to be considered during a valuation, therefore, a home walk-through is usually necessary to finalize your homes approximate value.
In a lot of cases, probate real estate sales are sold all cash, as-is. Some homes are in pristine shape others need major work. In some cases it would make sense to make repairs. A certified probate real estate specialist can help you determine if repair work would yield a higher sale price and be worth the time, money, effort and resources. However, it is up to the Personal Representative of the estate to determine of repairs will be made.
Losing a loved one is an emotional and challenging time for family, relatives, and friends. In addition, those left behind are often faced with the details of how to transfer or inherit real estate from the person who has died. To do this, you must usually go to probate court. And dealing with the courts and the sale of real estate of someone who has died can be very complicated. Don’t risk the estate! Hire a Certified Probate Real Estate Specialist (CPRES).
John A. Diaz P.A., is a CPRES REALTOR and understands the unique complications, the time-sensitive process, and adheres to the best practices necessary to navigate the potentially treacherous transaction to completion and help the estate realize a win-win-win transaction
Call us! Let’s discuss your probate real estate sale and allow us to show you the many ways that we can help.