Blog Estate Probate Sales

Probate Sales

By Living Room Realty, May 5, 2020

I really enjoy assisting clients sell a house as part of an estate. Probate adds an extra layer of intricacies for the sale of a house, and an agent familiar with selling a house in probate can make the process less stressful for all parties involved.

The sale of 2336 NE Cesar E Chavez was no exception. Aside from typical court restrictions, there was a reverse mortgage, with the mortgage company threatening foreclose, and deferred property taxes. Similar to many homes in probate, 2336 NE Cesar E Chavez had been in the family for many years, which means many of the common modern inspections such a sewer scope, search for an underground oil tank and testing of radon levels were likely never been done before. When this is the case, often times the house fails these inspections and is further burdened by deferred maintenance issues. Taking on buyer requested repairs during a probate sale can be overwhelming for the estate’s personal representative. Negotiating no, or few easily manageable, repairs is key in this situation. I am so pleased we were able to make this sale as manageable as possible and sell this house for asking price.  I am honored the family enlisted me to help them with the sale and so enjoyed helping them through the process!

Living Room Realty

...
Read More
  • T: 503-719-5588
  • welcome@livingroomre.com

You might also enjoy

Just Listed! Location, Large Lot and One Level Living near Multnomah Village!

Lita Batho

2601 SW Taylors Ferry Rd. Portland, Oregon, 97219 Situated on a spacious 0.21-acre corner lot, this...

🌞 Summer Inventory 🏡!

Carrie Struss

I’m thrilled to share some exciting new listings that just hit the market! The current real...

Just Listed! Vista Moderna – More than a home. A statement.

Gavynn Wells

 3904 NE Going St. Portland, Oregon, 97211 Perched above the street in Beaumont-Wilshire, this architecturally distinct...

Just Listed! Irvington Charm with Modern Comfort

Samantha Vitalie

1911 NW 26th Ave. Portland, Oregon, 97211 Tucked in the heart of one of Portland’s most...