Probate Real Estate Services
When a loved one passes away, the grieving process can be overwhelming. In addition to dealing with the emotional toll, families are often faced with the task of managing their loved one’s estate.
A person’s estate must go through the probate process once they pass away. Identification and distribution of the decedent’s assets to the legitimate heirs are tasks of this legal process. Real estate property can be one of these assets, which would make the probate process more difficult.
We provide services that can help families simplify this process, it is important for families during this difficult time.
Initial Consultation
During our initial consultation, I will ask you a number of questions about the property and the circumstances surrounding the sale. I will take this opportunity to learn more details about your personal situation and your needs.
Learning about your situation will help me determine what type of services I can provide and what type of buyer we should try to find for the house. For example, if you need to sell quickly, I may suggest listing the property as-is and determine a price for a quick sale.
Probate Real Estate Agent
Selling probate properties is one of the key services offered by IL Probate Help.
When someone dies, their property, including real estate they own, is usually distributed according to their will or, if there is no will, according to state inheritance laws.
The probate process is the legal process that establishes the validity of a will, identifies the property of the deceased, and the representative of the estate will then distribute the proceeds to the rightful heir or beneficiary.
Selling probate real estate typically involves the following steps:
Property Valuation for Probate Purposes
Marketing and Promotion – The property will be marketed and promoted to attract potential buyers.
Property Showings – Potential buyers will be able to view the property through open houses or scheduled viewings.
Negotiation and Sale – I will present all of the purchase agreements received and negotiate to facilitate the sale of the probate property.
Closing and Transfer of Ownership – I always recommend that the representative of the estate work with the probate attorney to also handle the real estate transaction.
Overall, the goal of the home sale is to ensure that the property is sold promptly and at the maximum amount while complying with the legal requirements of the probate process. This can be a complicated process, so it’s important to work with an experienced probate real estate agent that specializes in probate real estate.
As-Is, Where Is, Sales
You may decide that you want to sell the house fast, without any repairs, or removal of any personal property. I have a database of investors who would be ready to purchase the house for cash, as-is.
You will avoid needing to make any repairs before putting the house on the market, and avoid having to empty the house of any personal items. This may be an easy convenient option, especially if you are a personal representative who is handling the probate process from out of state.
Estate Sale Service
Another important aspect of the probate real estate process is deciding what to do with your loved one’s personal property.
I work closely with excellent estate sale companies, and their services involve the sale of personal property and household items that were owned by your loved one. They are professionals who understand that this is a difficult time, and their teams help make sorting through any personal items go as smooth as possible.
They offer comprehensive services that include the following steps:
1. Sorting and organizing personal property – Our estate companies will work with the Executor or Administrator of the estate to sort and organize the personal property. They help you decide which items to keep and which are to be sold at the estate sale. This includes furniture, artwork, collectibles, and other household items.
2. Pricing and tagging items – Our estate companies will price and tag each item for sale, taking into account the value, condition, and market demand.
3. Marketing and advertising – Our estate companies will market and advertise the sale to attract potential buyers, using a variety of channels such as online listings, social media, and local advertising.
4. Hosting the sale – Our estate companies will host the sale, typically over a weekend, providing staff to handle sales, answer questions, and manage the flow of customers.
5. Post-sale Cleanup – After the sale is completed, our estate companies will remove any unsold items and clean up the property, leaving it in a broom-clean condition.
Our Estate sale services can be particularly useful for clients who are looking to liquidate their loved one’s personal property quickly and efficiently, while also achieving a fair price for their items.
By working with our experienced estate sales companies, clients can ensure that all personal property is properly priced, and marketed and that the sale is conducted professionally and respectfully.
Repairs, and Maintenance
I work with several maintenance and repair companies. They offer a wide range of repair and maintenance services. These services can include painting, repairs to any damage that may have occurred, lock rekey, cleaning, and even landscaping.
The goal is to help you make the property more marketable. We will work with you to determine what needs to be done in order to get the property in tip-top shape for showings.
Benefits of Using Our Services
There are several benefits to using our services when selling real estate assets that are part of probate. Here are some of the key advantages:
These benefits will help make the process of selling real estate assets that are part of a probate estate be a smoother and less stressful process for everyone involved.