The Probate and Trust Challenge
Her attorney Pamela Fairley introduced Sindy to Kim and the Horizon Real Estate team. Sindy’s mother had passed away, leaving her possessions to her two children. Mark, Sindy’s brother had been residing in the home for some time. Sindy had been appointed as Executor for her mother’s will and needed help with the personal and real property in the estate.
The Strategy
Kim met Sindy at the house where Mark was still living. An evaluation of the property condition was completed and Kim presented Sindy with a plan of action.
- Mark was to be relocated
- A company that purchases personal property would be scheduled to view the items and provide Sindy with a bid
- Carpet and tack strip to be removed
- The house was to be cleaned
Sindy was happy with the bid and gave her approval. Once Mark vacated the property and the personal property was removed, the hardwood floors were exposed and the cleaning was scheduled. The house needed to be updated, but Kim’s plan was to maximize the proceeds by marketing it to a first time buyer instead of an investor. The property was put on the market at $339,000.
The Results
The plan worked! Multiple offers were received. A first time buyer (a contractor) purchased the house for $345,000, a negotiated price of $6,000.00 above the listed price! Sindy was outrageously happy. Kim thanked Sindy for choosing to work with the Horizon Real Estate team. “I should have done this earlier,” Sindy said.
A side note … Sindy told Kim that the company removing the personal property called her during the process. They had located a substantial amount of money tucked away in the garage and wanted to give it to her; Sindy was thrilled with their honesty!
