Why Families Trust Phyllis Harb With Probate Home Sales
We just closed this probate fixer in the San Gabriel Valley. This client previously worked with us on a trust sale. Last year, we facilitated the sale of an income property in Glendale for her and her siblings after her mother passed away. Unfortunately, her husband passed away during that escrow, and she was not on the title. He died without a will or trust.
By the time she completed the arduous probate process, she just wanted to be finished. She wanted to sell the property “as is,” but the City of Azusa required a city inspection and issued several repair requirements that she had to complete within 90 days of the report. The city required her to tear down the enclosed porch. It also required her to cap off the washer and dryer hookups located in that area. In addition, she removed storage containers her husband had placed on the property.
Through the Harb and Co. Concierge Program, we fronted the cost for the city requirements, the pre-inspection, and the initial cleaning.
As her husband was a tinkerer, we decided it would be best to do a pre-inspection. We had twelve offers. The buyer with the highest offer agreed to accept the home in its present condition and waived their inspection contingency. This probate fixer was listed for $649,000 and closed at $703,000.
Related Post: Why hire a probate real estate specialist
A city inspection before a sale sounds awful. I suppose these things may have come out in a regular inspection but this just seems more intense. I have a tinkering husband too yikes!
Exactly, that is why we get all of these inspections out of the way before marketing a home. Sellers don’t like surprises