Probate Property

When faced with handling the family’s probate properties there are quite a number of thoughts that come into play. From just getting rid of it, all the way to the need to maximize return on the property. The logistical difference between being local or cross country from the property makes a difference. If family is in a position to clean up and handle the personal items, household items, furniture, years of accumulation, and furnishings you are off to a great start. If not I can refer you to auction services that you can drop off boxes of items. It is also common to have an auctioneer come in and auction auto, house, and contents. A charitable institution can give you a receipt for tax purposes. There are also services to refer for cleaning, handyman repairs, painting, etc. In some situations deep cleaning and fix up can be avoided by my listing the property “as is”. The price representing current condition and room for an owner occupant’s sweat equity. An investor would offer much less. Many times there is years of deferred maintenance and or what some call being dated. When the situation is such that you really need to get more out of the property even though there is no margin for the cost of staging I have a few tools to enhance the perceived value of the listing without dropping the list price. Some of the ideas are for broadening the market to more buyers. Houses really do sell in any market. To launch a sale we need a solid platform supported by the three legs of marketing, staging and pricing. When two out of three legs are marginal the house will be on the market for an extended time. Sometimes a listing that languishes in inventory will have a negative stigma that will need to be adjusted by freshening the listing. There are times when a listing has been listed for too long and all the tools have been used that it is better to take it off the market for 60 days to reset the clock to zero and totally remarket it several months later. River City Real Estate does Short Sales, in house. This is for those situations where monthly payments can not be made, and there is not enough equity in the property to refinance. Associated with River City Real Estate is a company that will purchase property at about 75% of market value for rental or a rent to own program. I also know several investors that wholesale property (simultaneous closings). I know investors that will buy damaged property for about 40% of market, invest about 20% in it, and resell to an owner occupant at about 80% of market keeping the 20% as their margin for business. Normally it is a matter of providing whatever level of service that best serves the client and the property. http://seniorplanningdwightpuntigan.com/ http://dwightpuntigan.point2agent.com/Popular_Searches/page_203587.html http://dwightpuntigan.point2agent.com/Search_MLS_Listings/page_203592.html