Updating your house to sell it

25-Mar-2020 13:40

By eliminating all documents with the number on it, you make identity theft more difficult.When selling a home as an estate sale, it is essential you have complete control of the property.

Typically, there will be lots of great memories surrounding a parents house, especially when children have grown up in the place.For example: A single parent passes away leaving behind her two children. The two children receive equal ownership of the house upon death. The first thing that needs to be done is to ensure the executor has been given authority to liquidate the real estate.The children don’t need the court or executor to transfer the property to them – the property passes directly. There should be specific instructions in the will about selling the property.I would highly recommend speaking with a qualified real estate attorney.

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Important note: If you are going to be selling an estate where there are more debts than assets, this is what’s called being insolvent.

Below you’ll find my best tips for selling a home after a parent or other relative dies.