3 Things To Do Before Selling a San Diego House in Probate
When a death leaves you responsible for your loved one’s personal things including San Diego real estate that may need to be sold because a sale is dictated by the decedents will, to pay off creditors and to settle the San Diego estate for the beneficiaries.
No matter the reason, you will want to follow the rules of probate plus ensure the highest price and best terms for the San Diego probate sale. These are the steps to take:
- Be sure to talk to:
- An experienced probate attorney who can guide you through the somewhat complicated rules and procedures of the San Diego probate court including many tasks that can be completed by the San Diego probate attorney relieving you of that responsibility.
- An experienced San Diego real estate broker, someone, like me, with years of experience helping San Diego executors and administrators to properly prepare, market and sell the decedents real estate. Someone that knows the documentation that protects the estates legal and financial rights when selling San Diego probate real estate.
- The beneficiaries or heirs about selling the San Diego probate house. It’s important that you know if one or more of the beneficiaries want to keep (a buyout) the house instead of selling the San Diego house in probate.
- Have the San Diego probate house appraised by a San Diego probate referee prior to putting it on the market.
- Adhere to the San Diego probate court’s procedures and rules.
- There are two types of authority when being appointed as the San Diego probate personal representative, full authority or limited authority. Your San Diego probate attorney will explain the differences between each type of authority.
- When it comes to informing the heirs and beneficiaries of the terms of the sale, as your San Diego probate real estate agent, I will keep your San Diego probate attorney informed of the progress of the preparation, marketing and sale of the San Diego house in probate. Your San Diego probate attorney will draft a Notice of Proposed Action with the terms of the sale and mail or deliver it to the heirs or beneficiaries. The notice expires 15 days after mailed or delivered and the sale should not be completed prior to its expiration.
There is much to be done when responsible for a San Diego probate. Having the right help will make the process simpler. I’m Kim Ward, San Diego’s Real Estate Broker and I specialize in helping San Diego executors and administrators with San Diego Probate houses. If you want accurate answers to your questions, I’m here to help! Call me at 619-741-0111.