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How to Master Probate Transactions

The Residential Specialist

Probate transactions are notoriously difficult but can be mastered with the right education and experience By Annika Tourlas REALTORS ® are often faced with the delicate task of navigating property transactions after an owner’s passing. What is a probate transaction? A probate sale could take a year or more to complete.

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How to Master Probate Transactions

The Residential Specialist

Probate transactions are notoriously difficult but can be mastered with the right education and experience By Annika Tourlas REALTORS ® are often faced with the delicate task of navigating property transactions after an owner’s passing. What is a probate transaction? A probate sale could take a year or more to complete.

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What Happens to a House in Probate? 3 Common Paths for Estate Property

HomeLight

A house can avoid probate if it’s automatically passed on to survivors via a living trust , joint ownership , community property law , or transfer-on-death deed. So what happens to a house in probate? Other times the personal representative of the estate (also known as the executor) will need to sell the house with probate oversight.

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8 Red-hot Real Estate Niches That Can Double Your GCI in 2024

The Close

Thankfully, short-term rentals (STRs) are still lucrative, even in the current economy. It’s true that escalating home prices, along with increased regulations and fees, have slowed the STR boom of 2021. Gain as much knowledge as you can around real estate as a business. That leaves more people flocking to rentals.

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Can You Empty a House Before Probate? Why It’s Usually Best to Wait

HomeLight

Read on for guidance on how to navigate probate to make sure you’re in the clear to begin emptying a home. What is probate? This probate process is typically much more straightforward when there is a will outlining the deceased’s wishes as to how they would like their belongings and valuables distributed, their home included.