A probate can be a very complicated process. Additionally, if the house is located in San Diego and you live in a different state, matters can understandably become more complex.
The sale of an inherited house can be accomplished in one of two ways. The first method is for the trustee to conduct the sale of the property.
Although the mention of probate is enough to make anyone cringe, it is important to remember that the San Diego probate process is in place to serve an important purpose. If your loved one passes without a will or estate plan, the probate courts allow for the assets to be distributed to the heirs.
As the executor of a loved ones estate, you likely have been bombarded by cash buyers looking to ‘help’ you by offering to purchase the estate property. These cash buyers will try to persuade you with a quick transaction, no closing costs or fees, and no repairs; sounds great right? What they don’t tell you is
The other day a client, Bob, asked me if he should get an appraisal of the value of his house before placing it on the open market. I told Bob that he could pay around $500 for an appraisal. It’s important to you to know the current market value of your house BEFORE offering it for sale.
In the past few months I’ve spoken with several Executors and administrators who are responsible for a San Diego property in probate and they were confused about whether the best decision is to sell the San Diego estate home directly to a cash investor or not.
Kim is being interviewed on 1700am radio station today, 3/23 at 1:00pm. We are very proud of the help she has been providing to San Diego buyers and sellers for the past 20 years. Tune in and listen to Real Talk San Diego!
If you’ve had the chance to work with me, you know that my purpose is for you to be outrageously happy with the help I provide.
Buying or selling San Diego real estate can be intense and choosing the most qualified person to be your teammate through the entire process is crucial.
Finding an agent who has experience with probate or trust properties can be tricky. Find the right real estate agent with the right experience by starting your interview with these real estate agent questions.