4 Common Mistakes People Make In Selling Probate Real Estate: How to Avoid Them

Before anything else, you must understand that selling probate real estate is different from traditional home selling. The entire process is fully administered by the probate court, and the probate property sale procedure is different in each state.

To simplify things and get the best result, it is advisable to work with a real estate agent, Concord, NC. However, at Maverick Property Group, we have sold several probate estates, and we will give you a grasp of how this process works. You will also benefit from our wealth of experience in getting the best probate deals in Concord and other parts of North Carolina.

That said, we will be laying emphasis on the 4 common mistakes people make in selling probate real estate and how to avoid them in this article. Let’s explore more.

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Mistake 1: Selling a Probate Property Without Authority

The fact that you are the executor in a will does not permit you to put the house for sale. Legally, you cannot take any action on the property or any part of the estate until you appear in a probate court and get formally appointed by the judge to administer the estate.
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Mistake 2: Hiring Inexperienced Realtors To Work With You During Probate Sale

In this case, the only preventive measure you can take is to work with experienced attorneys and realtors in Concord, NC. Be sure to ask your attorney candidates how long they’ve been practicing probate law. 

At Maverick Property Group, we are a family-owned business, and we understand how Concord real estate business operates. You don’t need to wait until you fall into the wrong hands before getting the best deals. If you can make the right decision from the onset, you will love the experience.

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Mistake 3: Leaving The Probate Property Vacant For an Extended Period

In several cases, a probate house sale might be delayed. This could be due to disagreements among stakeholders or other factors. Nonetheless, when the house is left vacant for an extended period, things could eventually go wrong. Even if the property is insured, the insurance policy could revoke important coverages when the house sits empty for more than 60 days.

To avoid this and sell your Concord, NC, home fast, sell to us at Maverick Property Group. We will prepare you an irresistible offer quickly and leave you smiling at the end of the deal.

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Mistake 4: Mishandling of Real Estate Disclosures

Real estate disclosure laws set rules on what you can tell buyers about a home before they can follow through on the deal. Although the law varies from one region to the other, if you fail to handle it properly, you may face one form of litigation or the other.

For the best experience, communicate with your attorney and Concord, NC real estate agent. When you decide to work with us at Maverick Property Group on your probate deals, we will make the whole process easier and offer you professional advice before things get out of hand.

Wrapping Up

Selling probate real estate property could be dangerous if you do not know the intricacies involved. That is why we have come up with this article to discuss the 4 common mistakes people make in selling a probate property and the way forward.

However, if you crave the best deals on your probate estate, Concord, there is one company you should call upon. The company is Maverick Property Group, Concord, NC. With our extensive real estate network and unparalleled knowledge of the Concord real estate market, you can be sure that you are in safe hands.

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