Preparing for an Estate Sale by Lestari Rupert, Sales Representative with Royal LePage Triland Realty LESTARIRUPERT@GMAIL.COM DIRECT: 519.280.2515 OFFICE: 519.633.0600 Sales Representative LESTARI RUPERT When selling an estate, there are a few extra steps to prepare for a sale. Prior to listing, here are the main items to get in order: 2020,2017,2014 2021-2022
• Confirm Authority to sell via the will as well as with probate. This typically includes applying for a Certificate of Appointment of Estate Trustee, which provides legal authority to sell someone else’s home. Be sure to keep all beneficiaries up to date and informed. • Determine the value of the property. Obtain a professional appraisal or a market valuation of the property as of the date of death for tax purposes and a current market value to set the listing price. • Protect the Property . Ensure the insurance coverage is up to date, that the vacancy is known to the insurance company, and that insurance remains in effect until closing. Change locks, turn off unnecessary electronics, and secure the property as needed. • Maintain the property. Ensure that all utilities and taxes are paid up to date and able to remain on. Keep the heat on to prevent pipes from freezing. • Deciding AS IS or warranty. This is the difference between warranting that mechanics and chattels are in working order or they are being sold “as is”. Most estates are sold “as is” as
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the estate trustee typically did not live in the home, so does not know the ongoing condition of such items. • Disclosures. Discuss with your REALTOR® what disclosures about the home are needed, ie known leaks or defects, “as is”, and that the home is being sold under probate. • Prepare for Listing. This can include, but is not limited to, removing belongings, decluttering, deep cleaning, and doing any renovations or repairs as needed. Be sure to tidy up inside and outside, keeping pathways clear. Staging may also be required. High-quality photos are always a must for online marketing. Always be sure you have the right team around you; your trusted REALTOR® can be a guide to help curate this team as well as walk you through this process. DENNIS BROOME • 519-870-0613 SHOP LOCALLY! Everyone wins! For ALL the Information call DENNIS BROOME BROKER 519-870-0613 or broome@royallepage.ca ‘Specializing in You since 1982’
Selling or Leasing? e real estate decisions advice. Call me.
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le capturing moments for a lifetime of memories she enjoys FUN family photography sessions
While capturing moments for a lifetime of memories she also enjoys FUN family photography sessions While capturing moments for a lifetime of memories she also enjoys FUN family photography sessions
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