Probate Real Estate
Executor? You are in the right spot. Find out how to properly sell Arizona probate real estate. Youโve heard the saying โmeasure twice, cut onceโ. This is so true when it comes to selling real estate if you are the executor of a will.
Executor โ Arizona Probate Real Estate
If you think you might be selling probate real estate you are in the right spot. Read on. Here, we will give you a lot of great information to help you formulate your executor plan. Of course, you will want the guidance of a certified probate real estate agent. Thatโs where I come in๐.
Right now letโs see what we can learn about probate property sales. How to do it right. How not to do it. Yes, there are right and wrong ways to do this. There is more than one way, but only one right way. Letโs begin understanding the wrong way. Most of all, letโs learn what we can so that your probate experience is successful.
Selling Probate Real Estate in AZ
Ask yourself if you have the time for selling probate real estate. Are you planning a Will? An Estate? Working on a trust? If this is the case you have time to educate yourself on these matters. Working with an attorney is recommended. Before you stick a sign in the yard and get on with selling probate real estate here in Arizona get your ducks in a row.
If you are named as an executor in a will the clock is already ticking. If you are unsure about the condition of the estate you will need to gather information.
Save or print a copy to the probate timelineย . Depending on lots of moving pieces your best next move is unclear. Contact a probate attorney.
Interview them and see if they are going to be a good fit for you. In the meantime, there are a couple of things you can do to be prepared.
Preparing for Probate
Here are some steps you can take as an executor to be prepared for the probate process:
If the deceased is like most other human beings they probably had some debt too.ย If nothing else, they very likely had monthly and annual obligations. Making a list of these will help the estate be organized.ย The list of debts will demonstrate to all the heirs that there are real bills that have to be paid. There may also be some one-time unpaid bills to pay.
Below is a list of common bills:
Executor Reading Material for Arizona Probate Real Estate
If I were an executor facing probate I wouldย go to Amazon and order a copy of Mary Randolphโs excellent book on Estates.ย Next, you shouldย read the posts on our site under the Attorneyโs Explain tab. Between those two resources you will have excellent advice on the probate topic. Selling probate real estate alone is no easy task, thatโs where we come in.
Now that we have the basic elements of the estate accounted for you should be in touch with a lawyer, if you havenโt already. Remember, selling probate real estate is a little different from a normal real estate sale.
Remember, that the estate should strive to get top dollar if there is property involved. If youโd like to discuss your Arizona Probate Real Estate matter you can text or call me (Iโm John) atย 1-480-442-3501.
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