Probate/Estate

RESOURCE GUIDE FOR EXECUTORS SELLING ESTATE OR PROBATE PROPERTY

The Mayer Team's
Objectives

In addition to our proven strategy for selling homes, we provide
additional services to our trustees and personal representatives.

THE PROCESS

We conduct the process with delicate care, understanding the
emotional challenges that this may bring. We understand that this is a
process that may take time and sensitivity.

HOME EVALUATION

Based on the financial parameters of the estate we will evaluate the
home to see if repairs or updates would increase its value or discuss
the sale based on its current condition.

CONTRACTOR NETWORK

We will provide access to quality contractors that facilitate in every
aspect. Often, our team of contractors/providers are willing to be paid
when the home sells, so there are no up-front costs to the estate.

ATTORNEY COMMUNICATION

Communicate effectively with your estate attorney regarding the
progress of the sale. When needed, coordinate with the attorney to
create a personal representatives deed to convey property. 
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Estate Sales Offer Several Advantages

NO DISCLOSURE STATEMENT REQUIRED

The Estate is not responsible for complying with Colorado’s Real Property Transfer Disclosure law and filling out a Seller’s Property Disclosure. However, executors, administrators and Realtors have an obligation to disclose known defects to buyers.

NO REPORTS

The Estate is not obligated to inspect the property or to provide reports such as structural, pest control, or any contractor’s reports. A buyer makes an offer based on their own physical inspection and not on any representation of the seller or seller’s agent.

”AS IS” SALE

During probate, the property may be offered “As Is” without representation, warranty, or covenant of any kind, implied or expressed. Therefore, the Estate is not liable as to the condition of property or its maintenance. 

How We’ll Work
Together 

As a fiduciary for the estate, it is the role of the personal representative
to protect the assets in the estate. Therefore, when selling the
deceased’s real estate assets, it is important to list your property with a
realtor who understands the context and the complexities of probate
and estate sales. Additionally, it is essential to hire a realtor who can
offer you a full range of services.

For many executors, one of the hardest and most time consuming things
to do is preparing the property for sale and going through a loved one’s
possessions. Depending on the condition of the home, we have a long
list of contractors, cleaners, estate sale specialists and other
professionals who can help you navigate through the process
 
ASK US FOR A LIST OF PREFERRED CONTRACTORS.


The Two Types of
Probates

A COURT CONFIRMED PROBATE

This type is more time consuming and complicated because the sale
requires a court appraisal and a court approval.

INFORMAL PROBATE

This type is less complicated and closer to a regular transaction. The
sale does not require court confirmation. This is the most common
type in Colorado. Once you have been assigned as the Personal
Representative, you are able to sell the property. 
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Through her experiences, Carly has learned that people have varying degrees of difficulty in selling a loved one’s home. One factor is the organization and elimination of the deceased’s items and furniture. Another component is that there may be multiple decision makers involved.

And lastly, there may be an emotional element which requires versatility and an ability to adapt to each individual’s goals and needs. Whatever the situation or circumstance, Carly understands these complexities and has the skills and experience to help clients navigate through the process. 

Work With Us

The volume of clients we successfully help every year allows us to accumulate skills, expertise and knowledge at a much quicker rate than lower producing agents. This directly translates into better results and excellent customer service for our buyers and sellers.