Estate Sale Service
An estate sale is a unique type of real estate transaction that requires extra attention to detail.
As the executor or administrator of the estate you need not only advice about a market that you may know little about, but also a steady hand and calm disposition. This is often a sombre time and during the grieving process you now have a daunting new set of responsibilities, sometimes trying to do it from afar – all while your existing responsibilities continue unabated.
Let Matthew guide you through the complex and often lengthy process of obtaining probate letters, preparing the property for listing, and maintaining the property in the meantime. As an executor or administrator you will be happy to have Matthew on your side to ensure the beneficiaries receive the maximum attainable distributions at the earliest opportunity with as little hassle as possible.
Matthew is a Certified Executor Advisor, as accredited by the Canadian Institute of Certified Executor Advisors (CICEA).
If your departed loved ones owned their property in North or West Vancouver, Matthew is the right person to call to help you in closing out their estate.
01
Applying For Probate
The first and most important step is to apply for probate of a will. This involves the filling out of numerous forms, collecting specific documents or fulfilling other tasks if anything required is missing.
02
Giving Notice
Notifying all living beneficiaries and collecting their information. Informing them of the process and what is required. Communicating with each beneficiary is key to a harmonious process.
03
Loose Ends
Taking control of all accounts and assets, registration of vehicles, canceling subscriptions and credit cards.
04
Debts
Paying any outstanding debts.
05
Taxes
Filing taxes and closing out accounts with the CRA.
06
Property Maintenance
Continuing the maintenance of the property including payment of utility bills, landscaping, servicing of appliances, etc.
07
Inventory
Cataloguing and valuing any belongings before selling.
08
Prepare For Listing
Performing any needed upgrades or safety improvements and preparing the home for marketing.
09
Negotiating The Sale
Entertaining offers from prospective buyers, negotiating a sale price and completing the sale with necessary conditions included and approvals from all beneficiaries.
10
Closing Of The Estate
Dispersing proceeds of the sale, minus any expenses upon completion.
11
Buying An Estate Sale Property
Thinking of purchasing an estate sale property? For the purchaser in the right situation, this can be an ideal opportunity to obtain a property that has the physical attributes you desire, but for a lower purchase price than is often available with traditional sales. (read more...)