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What is a Probate Sale? Answering 4 Big Questions About This Tricky Transaction

HomeLight

You’re interested in buying a house, and someone told you about probate sales. But — if you’re being honest — you really have no idea what a probate sale is or how it works. What is a probate sale? How does a probate sale unfold? A probate sale can be complicated and take time.

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How to Find the Right Real Estate Agent for Probate Property

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Probate is the court-supervised legal procedure that ensures the proper people are given the rights to and responsibility for the decedent’s financial and physical assets. Many legal aspects of the probate process — such as filing the initial and closing petitions — will be handled by your probate attorney.

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Opinion: What agents should know about selling probate real estate

Real Trends

For those seeking real estate investment opportunities, probate sales offer a unique and often overlooked niche. By understanding probate real estate and its intricacies, savvy investors can unlock potential gains while assisting families in the difficult process of settling an estate.

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Is There a Time Limit for an Executor to Sell a House?

HomeLight

On top of all that, you’re likely dealing with the emotional strain that comes with losing a family member or close friend. To help minimize extra stress during an already challenging time, we’ve gathered all the essential details from experienced probate attorneys and a top real estate agent.

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The Role of a Probate Realtor® And When You Need One

HomeLight

Simply put, if you’re trying to buy or sell a home, and the home’s owner died without a clear trust, you may need to start looking for a probate real estate agent to help you through the process. Here we’ll explain how probate home sales work, as well as the actions you can take if you need to start a probate sale.

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How to Master Probate Transactions

The Residential Specialist

Knowing what to expect during a probate sale helps both parties approach the process confidently and find success. “I I find it the most rewarding when people need us the most,” says Michele Chiles-Hickman, CRS, sales agent at Berkshire Hathaway HomeService in Montclair, New Jersey.

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4 Common Mistakes People Make Selling Probate Real Estate (And How to Avoid Them)

HomeLight

Probate is a legal process overseen by the court, where beneficiaries receive the financial and physical assets bequeathed to them in a will, and the estate’s debts are settled. Work With a Top Probate Agent Top-performing agents sell homes faster and for more money than average agents.