Selling an inherited property isn’t an ordinary real estate transaction
When you agreed to become the executor of your loved one’s estate, you might not have realized just how demanding the sale of that loved one’s property might be.
But here you are, and now what?
Now you have property to deal with, belongings to sort, family members to consider, deadlines to meet, bills to pay, property to maintain, and a potential sale that has to be done in accordance with rules imposed by the Erie County Surrogate Court.
You need a probate attorney, and you need an experienced probate real estate specialist.
You know it makes sense to hire an attorney who specializes in probate, but why do you also need a real estate specialist?
Why isn’t it OK to just use a real estate agent you already know and love such as the one who helped you buy your current home?
Because selling an inherited property comes with responsibilities that don’t exist with an ordinary listing.
Legal requirements, court timelines, property issues, valuations, personal belongings, insurance concerns, and issues with heirs are just some of the things that can complicate a transaction. Knowledge and experience are the keys to selling successfully.
That’s where Dan Myers comes in.
Serving Buffalo, Erie County, and all of Western New York
Dan helps executors and their families throughout Western New York and the Southtowns, with particularly deep local knowledge of Orchard Park, Hamburg, West Seneca, East Aurora, Lackawanna, Blasdell, Amherst, Cheektowaga, and the City of Buffalo.
Any good real estate agent can sell a house – selling an inherited property is a bit different.
As a probate real estate specialist, Dan understands that selling an inherited property involves much more than putting an owner-occupied house on the market. The property is only one part of the estate—and the sale of that property has to fit into everything else that’s happening.
Further, it comes with agent duties not included in most purchase and sale transactions.
What Dan Takes Off Your Plate
The Property
From securing a vacant home to coordinating cleanouts and repairs, arranging estate sales, preparing the home for sale, and arranging for maintenance, Dan manages the details that can overwhelm an executor. He’ll also remind the executor of things like the need to notify the insurance agent of the vacancy.
When it comes to dealing with a house filled with personal property, Dan can introduce executors to experts who will help sort those belongings so that heirlooms and treasured items are kept safe for the heirs and the rest is sold or donated to the charity of their choice.
The Travel
Dan is happy to be the “boots on the ground” for out of state executors and heirs. There’s no need to jump on a plane or drive cross-country to handle details that require hands-on presence when you have Dan Myers in your corner.
The Numbers
Dan provides both the date-of-death valuation and subsequent updates as needed over time. He also helps the executor and heirs determine whether the property is best suited for a traditional sale or if another strategy would be wiser. Should they make repairs and updates or sell as is? He’ll provide the needed information to help them make that decision.
The Timeline
Dan maintains contact with the attorney and helps the executor stay on top of Erie County Surrogate Court requirements and deadlines.
The People
Multiple heirs don’t always agree. Dan provides an experienced, neutral point of contact who can help keep communication focused on the property and the sale.
You don’t have to become a probate expert just because you’ve been named executor.
When you have a probate attorney to handle the legal side and Dan to handle the property side, you have the support you need to keep the estate and the property moving forward.
Dan and your attorney will act as partners, communicating and coordinating timelines, while each performs in his/her own duties.
Should you want to know more about the process and the terminology that your attorney might be using, our FAQ page will answer most of your questions – while you leave the legalities to your attorney and the management and sale to Dan.
Have questions or just want to talk about it?
Get in touch.
Dan Myers works with executors and their families throughout the greater Buffalo area, including communities across Erie County, the Southtowns, and all of Western New York, including the City of Buffalo – Orchard Park – Hamburg – West Seneca – East Aurora – Lackawanna – Blasdell – Amherst – Cheektowaga