Selling a home owned by an estate can be a complex and emotional process. The first step is to determine who has the legal authority to make decisions about the property. This may be the deceased owner’s designated executor or the court-appointed administrator of the estate.
Once the decision-maker has been identified, the property should be appraised or a comparative market analysis should be obtained to determine its value. Any necessary repairs or updates should be completed. The home can then be listed for sale on the market and marketed to potential buyers. It is important to have a knowledgeable real estate attorney involved in the process to ensure all legal requirements are met and the sale is handled properly and efficiently.
Contact The Law Office of Joseph A. DiPiazza, LLC at (201) 494-2800 for a consultation.