Closing Probate sale Residential 
The Residential Specialist
OCTOBER 19, 2023
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. The best way to learn is from experience.
HomeLight
JUNE 23, 2023
But when you think about probate, remember the whole point of it is to prevent fraud after someone dies. So you can bet the court will keep a close eye on what’s usually an estate’s largest asset: the house. What happens to the house when it enters probate? Let’s walk through a few common scenarios for a house in probate.
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Realty Biz
OCTOBER 11, 2021
And, if the five heirs are looking to net about $200,000 each from the total estate, the heirs may be highly likely to say , “The heck with $10,000… close the estate and give me my $200K!” It’s to your advantage when the property is the last thing between closing out the estate and the heirs getting a big fat check.
The Residential Specialist
OCTOBER 19, 2023
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. The best way to learn is from experience.
The Close
NOVEMBER 8, 2023
When I was an agent in New York City, I made $1,500 to $3,000 per closed rental transaction. Agents who worked high-end exclusive rental listings sometimes collected five-figure commission checks from one closed rental deal. The first step is to familiarize yourself with the probate process.
HomeLight
DECEMBER 21, 2021
If you are appointed administrator by the probate court (or you were named the executor in the will), there are likely a few additional steps you’ll need to complete to properly close out the estate, including: Notifying different offices — such as the social security office — of the death so that bills and deposits are stopped.
Marco Santarelli
JANUARY 27, 2023
When it comes to investing in residential real estate, there are only two basic types of property you can invest in – new construction and resale. If your investment focus is on pre-foreclosure, foreclosure, bank-owned property (REOs), or probate sales then you are likely to be purchasing resale properties.
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