Being a Real Estate Trustee
This article addresses being a San Diego Real Estate Trustee and the experience of aggressive beneficiaries.
This article addresses being a San Diego Real Estate Trustee and the experience of aggressive beneficiaries.
The simple answer to this question is yes, a San Diego house can be sold while in probate. Real estate is typically the largest asset within the estate and experience shows that most San Diego Executors and Administrators choose to sell the house during the probate period.
Opportunity knocks! Two units located a short distance from the water in Ocean Beach. The front unit has hardwood floors, a fireplace in the living room, a spacious kitchen, inside laundry,
When the decedent leaves a will, an “Executor” is responsible to carry out the directions and requests set forth in that will. Conversely, when a decedent dies “intestate” (i.e., the person passed away without leaving a will), the San Diego Probate Court appoints an “Administrator” to manage the decedent’s estate.
San Diego probate is the court procedure that changes the legal ownership of the decedent’s property. The purpose of probate is to make sure that, in the presence of a will, the decedent’s wishes are carried out, including appointment of the decedent’s Executor. In the case that the decedent passed away intestate (without a will), the San Diego probate court would typically appoint a family member to act as Administrator.
This charming, tastefully remodeled home has elegant double doors opening onto the foyer with tile flooring. The remodeled kitchen has tile flooring, granite counters and fabulous pot filler above the stove. The bathrooms also are remodeled with nice tile and granite.
This beautifully upgraded home is ready for you! Situated in a newer well cared for neighborhood. The exterior of the home has been painted. Upgrades include new roof with skylight, plantation shutters and dual pane windows, furnace and whole house fan.
You could pay $500 for an appraisal; however your San Diego real estate agent could provide you with the current market value of the house for free.
Interest rates are historically low, hence many homeowners are able to refinance and obtain a low mortgage interest rate. Combined with a strong rental market, they may then decide to rent their San Diego house instead of selling in the current marketplace.
I’m a big fan of crediting a San Diego home buyer a reasonable amount of money instead of completing repairs for several reasons.