Behind the Sale: 18 St. James Ct, Orinda
A Probate Real Estate Story of Simplicity, Service, and Speed
A Probate Real Estate Story of Simplicity, Service, and Speed
When it comes to dealing with a property in a trust after a parent’s passing, things can get complicated, especially when multiple siblings are involved. One common scenario is when one sibling wants to keep the family home while others prefer to sell their share. As a real estate agent with extensive experience in trust …
Navigating a Sibling Buyout: How to Fairly Purchase a Parent’s Home in a Trust Read More »
Pricing the Home Correctly: Sellers want to set a price that attracts buyers but also reflects the true value of the property, ensuring they don’t leave money on the table. Attracting Qualified Buyers: Ensuring the home gets enough visibility and interest from serious, financially qualified buyers is a major concern. Timing the Sale: Sellers often …
Top 10 Concerns Home Sellers Face When Putting Their Property on the Market Read More »
Liquidating an estate is a significant responsibility for trustees, requiring careful management and adherence to the trust’s terms. To ensure a smooth process, trustees must understand the trust document, accurately inventory and appraise assets, settle any outstanding debts, and strategically liquidate the estate’s holdings. Finally, distributing proceeds to beneficiaries according to the trust is crucial. This concise guide outlines the key steps trustees should follow, helping them fulfill their duties efficiently while navigating the complexities of estate liquidation.
5 Steps To Getting Your Home Sold
Property Condition: Evaluate the current state of your property. Note any repairs or upgrades needed to make it more appealing to buyers.
Financial Assessment: Determine how much money is available for repairs or upgrades. This helps in planning cost-effective improvements.
Time-frame: Establish a realistic timeline for selling your home. Consider any personal deadlines, such as job relocations or financial needs.
Losing a spouse is one of life’s most challenging experiences. Amidst the emotional turmoil, there are practical matters that must be addressed, including updating your revocable living trust. One critical step in this process is obtaining a fair market valuation or a date of death appraisal for your real estate assets. Understanding why this is necessary and how it can be done efficiently will help you navigate this difficult time with greater ease and clarity.
A few reasons why you may want to have a Fair Market Valuation on a property: Estate Settlement When a loved one passes away and leaves behind real estate property, the Fair Market Valuation is used to determine the property’s value at the time of the individual’s death. This valuation is essential for estate settlement, …
A fair market valuation, also known as a comparative market analysis (CMA), is an important process that real estate agents use to determine the value of a property. This valuation helps sellers set an appropriate listing price and assists buyers in making informed offers. Here are the essential steps involved in conducting a fair market …
How we determine the Fair Market Valuation for your home Read More »
Inheriting a property can be both a blessing and a challenge. While it can bring a sense of emotional attachment and nostalgia, it can also come with numerous practical considerations. If you find yourself in this situation, a real estate agent can be your guiding light through the complex process of selling an inherited house. …
How a Real Estate Agent can help you with selling an inherited property Read More »
In the heart of Oakland, California, a unique and challenging real estate situation unfolded involving a duplex property held in probate with tenants who were unwilling to vacate. This is the story of how I worked to navigate the complexities of this situation, ultimately convincing the executor of the estate, John Thompson, to sell the …
Case Story: A Delicate Balancing Act: Selling a Probate Duplex in Oakland, California Read More »