Tuesday, April 16, 2013

Personal Representatives: Have Your Palo Alto Probate Sales Inspected

Palo Alto probate sale

If you are a Personal Representative for a Palo Alto Probate Sale I am sure you are overwhelmed with all of your responsibilities. It is not an easy job! You may be charged with selling a home or condo in Palo Alto in Probate. If so, this a a great time to be doing that. However, even in a strong seller's market, you have to do whatever you can to get the best offer for the Palo Alto Ca Probate estate.

One of the most important things you can do right now is to get the Palo Alto probate home fully inspected before you put it on the market. It may seem as if you are spending money on inspections that could be spent by the potential buyer. After all, the buyer of the Palo Alto Probate home you are selling has to buy it "As -Is" so the estate will not be making any repairs anyway.

This is a common mistake that many Personal Representatives of Palo Alto Probate homes who are not from this area make. While it is true that the estate will not be making any repairs, it is also true that most buyers in this area are very familiar with how most Palo Alto sellers market their homes. The inspections are done ahead of time and most of the offers will be non contingent on an evaluation of the property condition. They are comfortable with the condition, and once their offer is accepted you have a done deal. If you do not do the inspections before putting the Palo Alto Probate home on the market, you could very easily end up with a buyer who wants to renegotiate the price or a sale that falls through. This can be very problematic if there are expenses involved in holding the home before it sells. These could include mortgages, taxes, insurance, lawn care, etc. If the estate is cash poor and house rich, which many Palo Alto Probate homes are, it can be very complicated to find the money in a delay.

The competition for Palo Alto homes and condos for sale is fierce. Buyers are willing to pay a lot of money and give you wonderful offers for your Palo Alto Probate sale, but they want to know what they are getting. If you have your Palo Alto Probate home fully inspected before it goes on the market, price it appropriately, and market it widely, you will have the best chance of getting the best offers for the estate, and therefore doing the best job you can as the Personal Representative.

If you have any questions about selling a Palo Alto home or condo in Probate please feel free to contact me.

Marcy Moyer
Keller Williams Realty
www.marcymoyer.com
marcy@marcymoyer.com
DRE 01191194
650-619-9285

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