🚩What Are the Mistakes to Avoid When Selling A House in Probate

A probate sale is a highly specialized process.

It may seem like an intimidating transaction, but with the right knowledge, you can easily make it through this probate sale without getting too stressed out.

When a person passes away, his assets should be distributed according to his legal will. This process is known as probate. It’s certainly not a simple undertaking. It can cause strain on those who are involved.

In fact, it gets more complicated when those assets include real estate. When selling a house in probate, it’s important for the executor of the deceased’s estate to work with a knowledgeable real estate agent who has extensive experience in probate sales. 

A probate agent, like me, can guide you through every step of the process and help you avoid these common mistakes sellers often make:

Mistake #1: Not Knowing How Probate Works

Do you know the steps in the probate process? Do you know what documentation and action follow each step?

The purpose of probate is to prevent fraud after someone's death. If you have been named the executor, it’s vital that you understand how the probate process works.

If this is the first time you will be administering an estate, you may not know what is required. You may not be familiar with what steps you need to take and when they need to be taken. As executor, you're in charge of keeping estate property safe during the probate process.

You need to know that probate is different from state to state and that it involves a ton of paperwork. Every probate court has its own detailed rules about the documents it requires, what they must contain, and when they must be filed.

Mistake #2: Mishandling the property

Being responsible for another property is a serious duty. However, despite many executors’ good intentions, many properties fall into disrepair during the probate process. Repairs can cost thousands of dollars and delay a property’s sale.

Finding a qualified buyer can be more difficult if the property needs significant repairs. Making sure a property is maintained and secure is critical during probate.

Mistake #3: Listing the home with just any real estate agent

If you decide to list the property with a real estate agent who has no experience marketing or selling homes in probate, you may be doing yourself and your family a real disservice.

Probate real estate requires additional legal documents and contracts making it critical that you choose a real estate agent with years of extensive experience in selling probate real estate.

You need to consult with the best probate real estate agent in Charlotte NC to help you sell the home successfully. Working with us will dramatically reduce the likelihood that you will make costly mistakes during the probate process.

With proper knowledge and the right people on your side, your probate transaction can go smoothly, and you’ll be able to sell the property and move on with your life. Visit http://EstateHomeSale.com/ for more information on probate sales.

Let the experienced agents at Showcase Realty work with you to sell real estate in probate. Call us anytime at 704-997-3794. You can relax knowing that the sale of the estate home is handled in the most efficient and compassionate manner.

In case you can not view this video here, please click the link below to view What Are the Mistakes to Avoid When Selling A House in Probate on my YouTube channel: https://www.youtube.com/watch?v=DMV6MbqNql8&feature=youtu.be