Probate Sales & Trusts

HANDLING THE DETAILS

Losing a loved one...

OR SELLING A PROPERTY HELD IN TRUST

Probate Sales

It’s always a very difficult time when you lose a loved one. It can especially be trying when the person had not made arrangements for their assets to be held in a trust. As a result, probate can be a long, drawn out process involving the courts and the sale of a home. It’s not impossible, but it definitely takes a certain expertise. Someone who understands how probate courts work, and knows how best to secure an offer from a buyer who’s in for a slightly different type of transaction when compared to a standard real estate sale. We’re Certified Probate Real Estate Specialists, so we’re familiar with these types of transactions. If you’re handling the affairs for a deceased loved one, give us a call. We’ll answer all of your questions, and guide you on how to make the process go as smoothly as possible.

Selling a Property Held in Trust

Naturally, there are many trust sales that occur after someone passes, which are helped by the fact that probate court and a drawn out process aren’t necessary. It’s very similar to a standard real estate transaction, with only some minor differences. But there are many instances when a property is held in trust, and no one’s passed away yet. In fact, we’ve found that a full 30% of properties nowadays are owned in either a revocable or irrevocable trust. Setting up a living trust is a wise decision for homeowners, as it makes it easier on family when they pass on. But it also creates a new set of circumstances that must be addressed while they’re alive and wanting to sell a property that’s included in the trust. We can explain the entire process, and help ensure a smooth transaction!