San Diego Probate and Trust Help – Case Study Maria Sotelo
The San Diego Probate Real Estate Challenge
Maria’s father passed away in the summer of 2013 leaving his house in Lemon Grove, CA to her, his only daughter. The estate would be overseen by the San Diego Probate Court. Maria’s attorney Tamsen Reinheimer is located outside of San Diego in the Irvine area. Tamsen informed Maria that the San Diego Probate Court required a $20,000 bond when appointing Maria as the personal representative.
The probate property is occupied by tenants who are willing to cooperate with the sale, but concerned about their security.
Maria lives in Colorado. She had visited the house many years ago and did not want to travel to San Diego. The transaction was to be completed via phone and Internet.
The San Diego Probate Real Estate Strategy
Step one was to keep the tenants calm and willing to be helpful through the showing appointments and sale. Because the house was being sold to settle the estate, they needed to relocate and the transaction was carefully managed around their search for an apartment.
Step two pricing the property and put it on the San Diego real estate market on a Friday to entice many San Diego homebuyers and their agents to view the house over a weekend minimizing the disruption for the tenants.
Step three addressed personal property left in the house by the decedent that did not belong to the tenants.
The San Diego Probate Real Estate Results
Many showings over the weekend, multiple offers to purchase were received and negotiated. The result was selling the house for $15,000 above the list price! The personal property was given to a local family member and the tenants relocated one week prior to closing.
Imagine how our team effort managing the entire transaction over the phone and Internet with Maria and her attorney made the process simpler, for them.