If you’ve been named as an executor of a loved one’s will, managing this process when the time comes can be highly stressful.In addition to the emotional distress, dealing with probate can be very time-consuming, particularly where property is involved. Selling a probate property is more common than you may think – one in ten houses that go on the market are probate properties. But that doesn’t make it any easier when it comes to selling a loved one’s home. We’ve put together some useful advice to help you navigate this difficult process.
What is probate?
Probate is the term used to describe the legal and financial processes involved in dealing with the assets of a person who has died. Before the person’s next of kin or the will’s executor can do anything with those assets, they may have to apply for probate. If property is involved, you will certainly need to do this to move forward.
Once probate has been granted, you can think about putting the house on the market. However, there are a number of issues to consider that will help you achieve a quick sale at the best price.
It can be harder to sort out some of the necessary details if you don’t live near the property, particularly if you have your own work and family to take care of. This can slow things down and affect your sale. Be prepared to either spend a lot of time visiting the property or hire someone local to do this for you.
Hour Hands can help by sourcing tradespeople and overseeing any updating work or maintenance that needs addressing. We can recommend a range of local services for you and be at the house when you have an appointment. We can even collect post and keep the house aired and fresh in your absence.
Staging the house for sale
If you’re selling an older-style property, check for potential issues such as the boiler and insulation failing to meet current standards. While the estate agent will take things like this into account when pricing the property, it may put potential buyers off. This can be especially true for houses that have stood empty for some time. An ‘unlived-in’ feeling may reduce the price someone is prepared to pay or even leave the house unsold. This results in bills for solicitors, maintenance, insurance, heating and even council tax mounting up.
The good news is that there are some simple things you can do to make the property immediately more saleable. Your first steps should be to declutter and hire professional cleaners. You could even consider a simple facelift to present the home in the best possible way. If you’re short on time then Hour Hands can take care of these tasks for you, reducing some of the stress involved.
There is a huge amount of paperwork involved in selling a home, and this increases when you sell a probate property. The team at Hour Hands are experienced in managing this so let us do the hard work. We can contact services and utilities on your behalf. And we can also deal with any paperwork in the house by filing it or shredding it.
Don’t forget the emotional side
If you’re selling a loved one’s home, it’s important to acknowledge that you are also grieving. Dealing with solicitors, estate agents and other organisations is probably the last thing you want to worry about. You can reduce this stress by letting Hour Hands can take on much of the work for you. Our professional and sympathetic approach will help you to get the estate settled as quickly as possible.
Contact us to find out more about the ways we can help you manage this process.