Have you ever found yourself in a situation where a cherished person in your life has left you their property? Are you at a loss as to how to handle the sale of the property through the probate process? If so, we understand the complexities that come with navigating the legalities and emotional challenges that often accompany this journey. While your primary focus is ensuring that you receive a seamless probate process through a probate attorney, we at Rescue Realty would like to introduce a solution that could simplify the sale of your property within probate cases.
Here at Rescue Realty, we are here to educate you.
Understanding the Traditional Probate Property Sale Process
Typically, when a property is to be sold during probate, the standard procedure involves a probate attorney connecting with a real estate agent, who then lists the property on the Multiple Listing Service (MLS). It's common for the real estate agent to inflate the price, therefore the beginning of a waiting game, as the property waits for a qualified buyer to come forward at a reasonable asking price. However, in our extensive experience, we've found that most, if not all, properties in probate are distressed and often in need of significant renovations. These types of properties may not necessarily pique the interest of the average qualified buyer who is simply seeking a place to call home.
Even seasoned property investors who specialize in flipping houses might hesitate due to the listing price, which includes the agent's commission. This situation can lead to prolonged delays in finding the right buyer and meeting the heirs' needs, frequently resulting in a reduction in the property's price.
The Hidden Costs of Delay
There are also additional fees that you will be saving during the delays. An experienced probate attorney cannot control the selling process, which is why they enlist a real estate agent. During the delays and the outcome of the sale of the property, the attorney has added additional billing hours discussing your case, and the real estate agent’s commission will also be added to the costs.
Rescue Realty's Solution
This is where Rescue Realty steps in to offer a practical and efficient solution. As experienced real estate investors, we possess the knowledge and expertise to not only assess the appraised value of the property but also accurately determine the necessary renovations. What sets us apart is our ability to purchase the property directly from you, the estate executor. By eliminating the need for an intermediary, we expedite the process for everyone involved.
A Purchaser Who Understands Your Needs
Wouldn't it be convenient to have a purchaser who understands the unique challenges of selling a property within a probate case? We recognize the need for a smooth and efficient transaction that respects the legal requirements and timelines of the probate process.
Let's Simplify the Probate Property Sale Process
If you're interested in exploring this option further, please don't hesitate to get in touch with us. At Rescue Realty, we are committed to assisting you and ensuring a seamless and fair transaction that aligns with the best interests of all parties involved. Together, we can simplify the probate property sale process, providing much-needed relief during a challenging time.