This book includes step-by-step procedures showcasing the various facets of probate real estate sales, as well as diagrams that visualize these processes. It includes many suggestions and strategies to share with your real estate agent to maximize the return of each sale and mitigate your liability. The book reflects the author’s experiences in probate, residential and commercial real estate sales, brokerage management, and business process management.
Chapter 1: Defining Probate
Chapter 2: Selecting Your Real Estate Agent Amidst a Probate Petition
Chapter 3: Setting Expectations with Your Probate Agent
Chapter 4: Pre-Marketing Strategies for Probate Properties
Chapter 5: Cash for Keys Process and Agreement
Chapter 6: The Eviction Process
Chapter 7: Getting the Probate Property Ready for Market
Chapter 8: Valuing the Probate Property
Chapter 9: Real Estate Disclosures in a Probate Transaction
Chapter 10: Marketing the Probate Property
Chapter 11: Probate Specific Terms in Purchase Agreements
Chapter 12: Offer Management in a Probate Transaction
Chapter 13: Closing and Settlement in a Probate Transaction
Chapter 14: Simplified Probate Procedures
Chapter 15: Title Vesting: Impact on Probate and Step-Up in Basis
Chapter 16: Insurance and Tax Implications of a Probate Sale
Chapter 17: An In-Depth Look at the Probate Process